Category: covid

Firms spend up to €42,500 to meet Covid requirements, according to CSO

Small businesses spent on average €4,000 on Covid-19 measures to comply with requirements for trading, according to the Central Statistics Office. The findings of its latest survey on the impact of the pandemic on businesses, show the cost of implementing measures varied by the size of the enterprise. Micro enterprises, which have less than 10 […]

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Number of insolvencies down 12% as Covid-19 impact not fully materialised

There was a reduction in the number of company insolvencies in the first six months of this year, according to new figures from Deloitte. Today’s figures suggests that the impact of Covid-19 has not fully materialised.  Deloittes said there were 273 company insolvencies between January and the end of June, a reduction of 12% on […]

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Spend yesterday approached pre-Covid levels – Revolut

Hairdressers, barbers, spas, chiropractors and dentists were among the big beneficiaries of the Phase 3 reopening of the economy yesterday, according to transaction data from Revolut. Pubs and restaurants also got a boost from the restart of business, although to a lesser extent than the other big winners. Excluding online shopping, overall spending yesterday by […]

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Covid-19 committee hears SMEs call for more Govt funding to survive

The Oireachtas Special Committee on Covid-19 Response has heard calls for more help for small and medium businesses affected by the pandemic. The Chair of SME Recovery Ireland, John Moran, told politicians that small and medium businesses across Ireland are dying and need more funding to help them to survive. In his opening statement, Mr Moran called […]

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Workers on Covid-19 benefit payments face tax bills

A large number of full-time workers in receipt of the Temporary Wage Subsidy Scheme or Pandemic Unemployment Payment face tax bills of between €150 and €2,828 by the end of the year, Taxback.com has warned. The latest Taxback.com Taxpayer Sentiment Survey revealed that 57% of respondents receiving either payment are not aware that a future […]

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Just 12% of bosses predict all staff will be back in offices post Covid-19

A new survey has found that just 12% of business leaders believe all staff will be back in their companies’ office/workspace once the Covid-19 lockdown is lifted, while 40% predict an equal mix of staff working in the office and remotely. 31% of bosses are either planning to downsize their office space or having it under consideration, […]

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Over half a million receive Covid Unemployment Support Payments

533,000 people have today been issued payments of the Covid-19 Pandemic Unemployment Support payment – up 26,000 on the figure a week ago, according to the Department of Employment Affairs and Social Protection. Around 54,000 of those are receiving payments for the first time.  These Covid Pandemic payments first introduced on 16 March are in […]

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