Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure IE-2020-42/1427 – Updated – measures in Ireland
|Country||Ireland , applies nationwide|
|Time period||Temporary, 13 October 2020 – 31 December 2021|
|Type||Other initiatives or policies|
Supporting businesses to stay afloat
– Direct subsidies (full or partial)
|Author||Roisin Farelly (IRN Publishing) and Eurofound|
|Measure added||12 November 2020 (updated 03 February 2022)|
The COVID Restrictions Support Scheme (CRSS) was introduced on 6 November 2020 to support businesses significantly impacted by COVID-19 restrictions. The scheme was introduced under the Finance Bill 2020 and will operate from 13 October 2020 to 31 March 2021. The scheme was introduced at a time when the country moved to Level 5 – the most restrictive level - of the Government’s Plan for Living with COVID-19. The scheme will generally operate when Level 3 or higher is in place and will cease when restrictions are lifted.
The COVID Restrictions Support Scheme (CRSS) is a targeted support for businesses significantly impacted by restrictions introduced by the government under public health regulations to combat the effects of the COVID-19 pandemic. It is for businesses forced to close or trade at significantly reduced levels as a result of restrictions imposed on them in response to COVID-19. A weekly payment of up to €5,000 is available to eligible businesses.
To qualify under the scheme, a business must be able to demonstrate that, because of the COVID-19 restrictions, the turnover of the business in the period for which the restrictions are in operation, and for which a claim is made, will be no more than 25% of an amount equal to the average weekly turnover of the business in 2019 (or average weekly turnover in 2020 in the case of a new business) multiplied by the number of weeks in the period for which a claim is made. Qualifying businesses can apply to the Revenue Commissioners for the payment.
In November, the Revenue said that over 3,853 businesses had already signed up for CRSS.
Figures published by Revenue in January 2021, show that €146m in supports was given to 16,600 businesses under the scheme in 2020.
Figures published by Revenue in February 2021, show that, as at 18 February 2021: 20,200 businesses have registered 23,300 premises for CRSS. 81,100 claims for CRSS payments of €307.9 million in respect of 21,800 premises have been made.
|Does not apply to workers||Applies to all businesses||Does not apply to citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Role||No involvement||No involvement|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
Employer group Ibec has said the COVID Restrictions Support Scheme is an important first step in getting the experience economy back on its own feet and will undoubtedly provide a lifeline to many businesses in the sector struggling to stay afloat.
Eurofound (2020), New scheme for business severely impacted by COVID-19 Level 5 restrictions, measure IE-2020-42/1427 (measures in Ireland), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/IE-2020-42_1427.html
30 January 2023
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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.