Business supports: Coalition plans tax rebate but rules out new Vat cut

Government finalising package to help struggling firms offset rising costs

A senior source involved in drafting the new package said that a meaningful change to the PRSI system is seen as a better mechanism to help a broader range of sectors

The government is considering plans to return up to €50 million to struggling businesses as part of a new support package, the Business Post has learned.

Senior government sources confirmed to the Business Post this weekend that a PRSI rebate scheme is one of a number of options being worked on to tweak the employers’ tax system as part of a support package to help low-margin firms which will be announced next month.

The new ...