THE Revenue Commissioners has provided updated information to businesses in relation to the time limits for submitting Covid Restrictions Support Scheme (CRSS) claim, and access to the scheme for businesses who continue to be impacted by the current revised public health restrictions.
There is an eight-week time limit within which eligible businesses can make their claim for payment under the CRSS.
The eight-week time limit applies from the first day of a claim period which in most cases will be the first day on which public health restrictions apply to the business concerned.
Revenue has reminded eligible businesses of the importance of registering for the CRSS and making their claim as soon as possible to avoid losing out on getting the full benefit of this significant cashflow support payment.
Businesses who leave making their CRSS registration application to the last-minute risk that it may not be completed within the eight-week time period for making a claim for payment.
This might arise, for example, where Revenue requires additional information to complete the registration or confirm eligibility for the scheme.
Revenue has confirmed that once the business has applied to be registered within the eight-week time period, and has provided the additional information requested, it will still be able to make a claim for payment under the CRSS within three weeks of the registration process being completed.
On Friday, November 27, the Government announced an easing of public health restrictions in the run up to Christmas.
From December 1, all non-essential retail and personal services were allowed open, while last Friday, December 4, all restaurants, cafés and pubs operating as restaurants can open.
Where businesses can reopen without having to prohibit or significantly restrict access to their premises as outlined in the relevant public health regulations, they no longer qualify for CRSS.
Additionally, businesses that can reopen but decide not to do so will not be eligible for CRSS for the periods where they choose to remain closed.
In recognition that it may take some time and additional costs for businesses to re-open, the Minister for Finance, Paschal Donohoe, T.D., last week announced an enhancement to the CRSS whereby businesses can make a claim for an additional one-week payment to assist them in reopening after a period of Covid restrictions.
Businesses who are registered for CRSS and are now resuming their trading activities can make their claim for this additional payment from last Monday, December 7, via the eRepayments service in ROS.
Payment will generally be made within three days of the submission of a qualifying claim.
However, some businesses such as ‘wet’ pubs, nightclubs, discos and casinos nationwide are still required to either prohibit access to their premises or remain fully closed.
These businesses still qualify for CRSS, and provided all other eligibility conditions are met, can continue to claim payment under the scheme for this new claim period.
The Minister for Finance, Paschal Donohoe, TD, announced additional seasonal support for businesses who cannot reopen through December.
Payable for a period of three weeks beginning December 21, the additional support will provide up to double the amount of the weekly CRSS support payment due, subject to the statutory maximum payment of €5,000 per week.
Revenue is currently working on ensuring the system is in place for these businesses to make their claim by the week of December 21.
Revenue published updated Covid-19 support scheme statistics yesterday.
To date, 12,900 businesses have registered 14,600 premises for the CRSS with Revenue. Claims for CRSS payments of €79.3 million in respect of 13,800 premises have been made to date with €77.8 million of this already processed for payment.
Further detailed information can be found