Following another period under Government ‘lockdown’ restrictions, affected businesses in the regions under the current (or future) ‘lockdowns’, now have a Government scheme that they can access to obtain key financial support during these challenging periods! This is known as the Covid Restrictions Support Scheme.
The online claims process for the Covid Restrictions Support Scheme (CRSS) is now operational via the Revenue Online Service (ROS), so businesses or their Agents can now action the necessary claim submissions.
It is available to ‘eligible’ businesses who carry on a business activity that have been required to
prohibit or considerably restrict customers from accessing their business premises e.g. generally this
refers to COVID-19 restrictions at Level 3, 4 or 5 (see Government’s Plan for Living with COVID19).
Such affected businesses are then able to make a claim to Revenue for a payment known as an
Advance Credit for Trading Expenses (ACTE), payable for each week that a business is affected
by the restrictions.
Below we highlight how the (CRSS) works and how to ensure that you can be clear whether your business is eligible for the scheme!