Written answers
Thursday, 11 July 2024
Department of Enterprise, Trade and Employment
Business Supports
Marian Harkin (Sligo-Leitrim, Independent)
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51. To ask the Minister for Enterprise, Trade and Employment the measures taken by his Department to support Irish hospitality businesses; and if he will make a statement on the matter. [30304/24]
Emer Higgins (Dublin Mid West, Fine Gael)
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The Government is acutely aware that businesses in all sectors, including the hospitality sector, are concerned about the impact of rising costs.
The Increased Cost of Business (ICOB) grant was introduced in Budget 2024 package to help businesses with their increasing overheads. Local Authorities are administering the ICOB scheme on behalf of the Department and the priority is to get payments to businesses as soon as possible.
In total, as of 9 July, there have been 72,576 registrations representing 81,366 businesses. With a total of €141m already having been paid out to over 62,000 businesses. This amounts to €129m to businesses as a first payment, and €11.9m to businesses in the hospitality and retail sectors in second payments.
A further range of measures are being brought forward to assist businesses. These measures include:
- Increasing the maximum amount available under the Energy Efficiency Grant Scheme to €10,000 and reducing the business contribution rate from 50% to 25%.
- Changes are currently being incorporated to widening the eligibility for the Trading Online Voucher, extending it to all sectors, including retail and hospitality, up to 50 employees, modernise eligible expenditure and doubling the grant to €5,000.
- Increasing the lending limit for Microfinance Ireland loans to €50,000 from €25,000.
- Changes are currently being made to widen the eligibility for the Digital for Business Consultancy Scheme and extending it to all sectors, including retail and hospitality, with up to 50 employees.
- A new online National Enterprise Hub for SMEs to access information on the wide range of Government business supports. I launched the Hub yesterday, along with Minister Burke. It can be accessed at and signposts to over 180 different Government service or supports ranging from EI and LEOs to the SEAI and Board Bia.
- Implementing an enhanced ‘SME Test’ by the Department of Enterprise, Trade and Employment in conjunction with the Department of the Taoiseach. My Department will shortly issue new guidelines on the SME Test and will work with other Departments to ensure the SME Test is an integral part of policy making.
- The removal of the €125 fee for tables and chairs for the purpose of outdoor dining by S.I 196 of 2024 - Planning and Development (Street Furniture Fees) Regulations 2024, which has been signed by Minister O’Brien.
- The Minister for Social Protection will increase the employer PRSI threshold from €441 to €496 with effect from 1 October 2024. This will ensure that employers with employees working full time on the national minimum wage will not be required to pay the higher rate of employer PRSI of 11.05% and will instead pay the lower rate of 8.8%.
- Ensuring that the employer PRSI threshold is explicitly considered as part of the Low Pay Commission deliberations and is reviewed on each occasion that the minimum wage is increased.
- Review the proposed Roadmap for Increasing Minimum Annual Remuneration Thresholds for Employment Permits, which is ongoing.
As of May, Minister Martin has made up to €10 million available for a programme of supports targeted at tourism businesses experiencing particular challenges linked to the reduction in footfall in regions most impacted by tourism bed stock displacement. This programme of supports includes a Business Support Scheme, investment in sustainable tourism development and promotion, industry digitalisation, promotion of domestic tourism, and recruitment and retention initiatives.
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