Business Resumption Support Scheme

BRSS

Business Resumption Support Scheme

For businesses with reduced turnover due to public health restrictions, the Business Resumption Support Scheme (BRSS) is now open for registration on Revenue Online Service (ROS).

How does the Business Resumption Support Scheme work?

  • Qualifying businesses apply to Revenue for a cash payment
  • This payment represents an advance credit for trading expenses that are deductible for income and/or corporation tax purposes
  • Payments calculated on basis of three weeks at 10% of the first €1M in turnover per week and 5% thereafter (based on average VAT exclusive turnover for 2019)
  • Maximum payment of €15,000

If my business availed of other schemes, can I apply?

  • Businesses who previously availed of other schemes (such as the Small Business Assistance Scheme for COVID, the Tourism Business Continuity Scheme, and the Covid Restriction Support Scheme) are eligible to apply (provided they meet the qualifying criteria)
  • However, businesses eligible for the Covid Restriction Support Scheme (CRSS) on 1 September 2021 will be paid the CRSS and will not be eligible for the BRSS

What are the eligibility criteria?

Full eligibility criteria are available on Revenue.ie. The main criteria are as follows:
  • Businesses must be able to demonstrate reduced turnover of at least 75% during the period 1 September 2020 to 31 August 2021 compared with the reference turnover period (which for the majority of businesses will be 2019)
  • The profits of the trade, or trading activities of the business, must be chargeable to tax under Case 1 of Schedule D
  • The business must possess a valid tax clearance and continue to maintain tax clearance for the duration of the application period

Find full eligibility criteria on Revenue.ie

When do applications close?

Closes for applications on 30 November 2021.