What to claim?
Covid Restriction Support Scheme(CRSS) is a targeted support for business significantly impacted by the restrictions introduced by the government under public health organisations to commbat the effect of covid -19 pandemic.A qualifying person will able to make claim revenue under CRSS for cash payment to be known as ‘Advance Credit For Trading Expenses’.
The amount of the ACTE will be based on an amount equal to 10% of the average weekly turnover of the business in 2019 (or in the case of new businesses, the average weekly turnover in 2020) up to €20,000 and 5% thereafter, subject to maximum weekly payment of €5000.
Who is Eligible and How to claim?
Companies, self-employed individuals, and the precedent partner on behalf of the partnership will be eligible to make a claim for ACTE.
A two-step process is necessary to make claim under CRSS. A qualifying person must be :
- First register for CRSS on ROS and.
- then complete a claim in respect of claim period or claim periods.