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COVID-19 Aids, Grants and Funds

Due to the latest developments we encourage you to conduct a risk assessment and put business continuity plans in place due to Coronavirus (Covid-19). See below some of the grants, aids, funds and benefits available to your business and employees. We will update you with anything that can be of help over the next couple of days

COVID-19 Aids, Grants and Funds

Business supports
he Department of Business, Enterprise and Innovation announced a number of supports for businesses facing challenges being presented by the current Covid-19 situation. The Credit Guarantee Scheme is in place and available now to SME’s subject to the relevant terms and conditions. Separately the SBCI is currently working to finalise the terms and conditions of the SBCI COVID19 Working Capital Scheme and the eligibility application process for this. The SBCI website will be updated as soon as these are finalised. In the interim if you wish to be kept informed on developments please email the SBCI at info@sbci.gov.ie
 
Enterprise Ireland
Act On Initiative – The initiative helps companies decide on specific actions over a short period to address some of the risks and opportunities from Covid-19. This initiative for Enterprise Ireland clients is delivered at no cost to the company. https://www.enterprise-ireland.com/en/About-Us/Services/Covid-19/Supports/
 
Business Continuity Planning
This user-friendly checklist identifies a range of issues for enterprise to consider in responding to a COVID-19 outbreak. https://dbei.gov.ie/en/Publications/Business-Continuity-Planning-A-checklist-of-Preparatory-Actions-in-Responding-to-the-COVID-19-Outbreak.html


The following supports are available for firms experiencing trading difficulties and short-term shocks
The Department of Employment Affairs & Social Protection and the Department of Business, Enterprise & Innovation will provide a joint First Responder support service through the Intreo Offices and development agencies, Enterprise Ireland and IDA Ireland in each region to provide tailored supports for impacted firms, with objective of avoiding mass lay-offs and buying time for firms to work through the short-term disruptions.

Firms that need to reduce hours or days worked can avail of the Department of Employment Affairs and Social Protection Short Term Work Support by contacting their local Intreo Office, see https://www.gov.ie/en/service/c20e1b-short-time-work-support/
Local Enterprise Offices will be providing vouchers from €2,500 up to €10,000 (with 50:50 match funding) to support business continuity preparedness, innovation and productivity.
 
SBCI Working Capital Scheme
To be eligible for the SBCI COVID-19 Working Capital Scheme, businesses must satisfy one of the COVID-19 criteria and one of the innovation criteria set out for the scheme. There is a broad suite of innovation criteria and this offers a wide range of opportunity for businesses to engage in the scheme. Guidelines will be provided on the SBCI website to help businesses determine if they are eligible for the scheme. https://sbci.gov.ie/schemes/sme-credit-guarantee-scheme-cgs
 
 
COVID-19 Benefits for Employees

Illness Benefit for COVID-19 absences:
When a worker is told to self-isolate by a doctor or has been diagnosed with COVID-19 (Coronavirus) by a doctor, they can apply for an enhanced Illness Benefit payment of €305 per week.

Do not visit your GP, contact them by telephone.

To receive the enhanced payment, you must be self-isolating on the instruction of a doctor or other medical professional and/or diagnosed. The Illness benefit payment will be paid for a maximum of 2 weeks where a person is self-isolating but will be paid for the duration of a person’s absence from work if they have been diagnosed.

How to Apply

Step 1 – If you are an employee or self-employed and feel you may be suffering from Covid-19 or may need to self-isolate; you should contact your doctor by telephone.
The doctor will then complete a medical certificate on your behalf and send this directly to the Department of Employment Affairs and Social Protection.
To receive a payment, you will need to provide your doctor with your Name, PPSN and DoB.

Step 2 – Complete an application form for Illness Benefit (Form IB 1).
There are three ways that you can make an application:
You can call 1890 800 024 or 01 2481398 between 9.00am and 5.00pm Monday to Friday to get an application form by post
Organise someone to pick up a form at your doctor’s surgery or at your local Intreo Centre
An online application process will be available by the end of March  
It is important to complete part 5 of the Illness Benefit form as this contains how you would like to be paid.

You don’t have to fill in part 7 of the form.

Send your application form by Freepost to:
PO Box 1650, Department of Employment Affairs and Social Protection, Dublin 1    

Budget 2019

The following headline items arise in Budget 2109. Download our Budget 2019 newsletter in PDF format for full analysis.

 

• Corporation Tax Rate remains at 12.5%
• A new Anti-Avoidance Directive (ATAD) compliant Exit Tax regime is to come into effect from midnight tonight.
• The 9% VAT Rate will be increased to 13.5% for the Hospitality sector from 01 January 2019
• There will be an increase in the Minimum Wage to €9.80 from 01 January 2019
• The Minister announced changes to both the rates and bands for Universal Social Charge
• Increase in the Standard Rate Income Tax bands of €750
• The Earned Income Tax Credit will increase to €1,350
• The Training Levy Fund will increase by 0.1% which will increase the employers PRSI rate
• An increase in the Group A Exempt Threshold for Capital Acquisition Tax of €10,000 was also announced

Five Things we Learned this International Women’s Day

Five Things we Learned this International Women’s Day

Here at Noone Casey, we are passionate about supporting Women in Business and we are delighted to support Roseann Heavey, one of our partners, as she takes on the role of the 2018 National President of Network Ireland.
Network Ireland is a progressive, dynamic organisation supporting the professional and personal development of women. Our membership is made up of a very diverse group of women, from budding entrepreneurs, SME owners, professionals and leaders in indigeno.
As part of her role as National President, Roseann had the task of running an International Women’s Day Event for 250 of Ireland’s leading women in business. The sold-out event was held in the Intercontinental Hotel in Dublin on March 8th and proved a huge success.
We thought we would share with you some lessons, ideas and statistics we took from the day and provide you with some food for thought, in this first blog of our Women in Business Blog Series.

Three Things ALL Professional Contractors Should Do After Their CV is Written

The next article in our series in helping Professional Contractors is all about the CV. (Read our other article here).

Many of our clients who are professional contractors talk to us about all aspects of their business. One gap that we noticed is that many are unsure of what to do once their CV is completed. Some have been in contracts for a long period of time and notice there is a change in how to approach new contracting roles.

With the “perfect” CV at hand, you can sell your capabilities and achievements and begin to seek new opportunities in the jobs market. The application process is becoming increasingly competitive and simply sending in your CV, and sitting back, waiting for magic to happen, is not good enough.

We have come up with three tips that can make the difference in landing you the perfect role.

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