Business in county Tipperary with a rates bill of €30,000 or less are being invited to claim a Grant under the Increased Cost of Business Scheme(ICOB). The Scheme, which is in it’s first year of operation is now to re–open for registrations until May 29th according to Tipperary County Council. The Government allocated €257M for the Scheme in the Budget but to date only €154M has been claimed. Business that may be in rates arrears are encouraged to engage with the council as they may be eligible for the grant.
The Government is also offering a second round of payments for business in the retail and hospitality sector. Tipperary County Council is confirming that new registrations in the Retail and Hospitality who qualify will receive the initial payment and the second payment designed specifically for their sector.
Eligible businesses will receive a once-off grant payment up to a maxi of €5,000 as a contribution towards the rising costs faced by businesses. It is not a Commercial Rates waiver and businesses should continue to pay their Commercial Rates bill as normal.
Businesses can claim the grant via the link on the Tipperary county council website or by visiting ICOB.ie.
