
On 15 May, the Government made two announcements related to the ICOB scheme:
1. Re-opening of ICOB Scheme Registration: The ICOB scheme registration process will be re-opened from 15 May to 29 May. This extension allows businesses that did not register by the 1 May deadline time to register.
2. Second Grant Payment for Retail and Hospitality Sectors: Businesses operating in the Hospitality and the Retail sectors are now eligible for a second grant payment of the same amount as the initial grant. For businesses already registered in these sectors, there is no need to re-register to avail of the second grant payment. You will receive another email when your second grant payment is processed.
To implement this decision, the business category initially requested for statistical analysis will now identify those businesses in the Hospitality and the Retail sectors. If you believe your business has been incorrectly classified under the wrong business type, from Monday 20 May, please log in to your MyCoCo account and amend your self-declared Business Type.
As part of Budget 2024, the Government signed off on a package of €257m for the Increased Cost of Business (ICOB) Grant as a vital measure for small and medium businesses. Westmeath County Council, funded through Department of Enterprise, Trade and Employment (DETE), will manage the rollout of the grant to qualifying businesses.
Eligible businesses will receive a once-off grant payment. The amount of the grant payable to eligible businesses is based on the value of the Commercial Rates bill the business received in 2023. However, it is not a Commercial Rates waiver and businesses should continue to pay their Commercial Rates bill as normal.
The grant is available to qualifying businesses as a contribution towards the rising costs faced by businesses. The grant is intended to aid businesses but is not intended to directly compensate for all increases in wages, or other costs, for every business.
The grant is based on the value of the Commercial Rates bill received by an eligible business in 2023.
- For qualifying businesses with a 2023 Commercial Rate bill of <€10,000, the ICOB grant will be paid at a rate of 50% of the business’s Commercial Rate bill for 2023.
- For qualifying businesses with a 2023 Commercial Rate bill of between €10,000 and €30,000, the ICOB grant will be €5,000.
- Businesses with a 2023 Commercial Rates bill greater than €30,000 are not eligible to receive an ICOB grant.
The following are the main qualifying criteria:
Please note that Westmeath County Council reserves the right to claw back any grant payment which is later found to be incorrect. This includes any circumstances such as error by the recipient business or the local authority making the payment, or where a business makes a false declaration of eligibility.
Businesses can now login to www.icob.ie to register for this grant. The Council has written to all eligible customers explaining how to register and how to submit information online.
The closing date for businesses to confirm eligibility and to upload verification details will be 1 May 2024.
Further correspondence and guidance will be issued to commercially rateable businesses in the next few weeks. In addition, an FAQ is available by clicking on the following link: Increased Cost of Business Grant Scheme - FAQ . You should refer to this guidance and FAQ prior to making your submission.
If you have queries regarding your Commercial Rates account including outstanding balances, contact Westmeath County Council at rates@westmeathcoco.ie or 04493 38959. Our team are happy to discuss any balances outstanding on your rates and what steps can be taken to ensure compliance with the scheme.
Faoi Bhuiséad 2024, cheadaigh an Rialtas pacáiste de €257m le Deontas i leith Méadú ar Chostais Ghnó (ICOB) a chistiú mar bheart ríthábhachtach le cabhair a thabhairt do ghnólachtaí beaga agus meánmhéide. Agus cistiú á fháil aici ón Roinn Fiontraíochta, Trádála agus Fostaíochta (RFTF), is í Comhairle Contae na hIarmhi a bhainisteoidh soláthar céimneach an deontais seo do ghnólachtaí a mbeidh ina theideal.
Íocfar an deontas seo in íocaíocht aonuaire le gnólachtaí incháilithe. Braitheann méid an deontais a íoctar le gnólachtaí incháilithe ar an méid a gearradh ar an ngnólacht sa bille Rátaí Tráchtála a fuair siad in 2023. É sin ráite, ní hionann é seo agus tarscaoileadh Rátaí Tráchtála a fháil agus ba cheart do ghnólachtaí leanúint dár mbille Rátaí Tráchtála a íoc mar is gnáth.
Tá an deontas ar fáil do ghnólachtaí incháilithe mar ranníocaíocht le gnólachtaí atá thíos le costais atá ag dúl i méid. Tá sé i gceist leis an deontas cuidiú le gnólachtaí ach níltear i gceist leis gach gnólacht a chúiteamh as gach méadú atá tagtha ar a gcuid tuarastal, nó ar a gcuid costas eile.
Ríomhtar an deontas de réir méid an Bhille Rátaí Tráchtála a fuair an gnólacht incháilithe in 2023.
- I gcás gnólachtaí cáilitheacha ar gearradh bille Ráta Tráchtála de <€10,000 orthu in 2023, íocfar an deontas ICOB leo ag ráta 50% de bhille Ráta Tráchtála an ghnólachta do 2023.
- I gcás gnólachtaí cáilitheacha ar gearradh bille Rátaí Tráchtála de idir €10,000 agus €30,000 orthu in 2023, is é €5,000 an deontas ICOB a gheobhaidh siad.
- Má gearradh Rátaí Tráchtála de níos mó ná €30,000 ar ghnólacht in 2023, níl siad i dteideal deontas ICOB a fháil.
Is iad seo a leanas na príomhchritéir cháilitheacha:
Tabhair faoi deara le do thoil go bhforchoimeádann Comhairle Contae na hIarmhi an ceart chun aon íocaíocht deontais a aisghlámadh más léir níos déanaí go raibh na cúiseanna ar ar tugadh í mícheart Áirítear leis seoaon chúinse ina ndearnadh earráid ar thaobh an ghnólachta a fuair í nó an t-údarás áitiúil a d’íoc í, nó más rud é go ndearna gnólacht dearbhú bréagach maidir le bheith incháilithe.
Tá córas ar líne á fhorbairt lena mbainisteofar an fhaisnéis bhunriachtanach a chuirfear isteach. Scríobhfaidh Comhairle Contae na hIarmhi chuig gnólachtaí gan mhoill le breis eolais a thabhairt dóibh maidir leis seo, lena n-áirítear conas clárú lena haghaidh agus conas faisnéis a chur isteach ar líne. Meastar go mbeidh teacht ar an gcóras faoi lár mhí an Mhárta.
Is é an 1ú lá de mhí na Bealtaine 2024 an dátadeiridh faoinár féidir le gnólachtaí a n-incháilitheacht a dheimhniú agus a gcuid sonraí fíoraithe a uaslódáil.
Cuirfear comhfhreagras agus treoir sa bhreis maidir leis seo chuig gnólachtaí atá inrátaithe ar bhonn tráchtála sna seachtainí amach romhainn. Lena chois sin, beidh teacht ar CCanna ar líne nuair a chuirfear tús leis an scéim. Ba cheart súil a chaitheamh ar an treoir agus na CCanna seo roimh iarratas a chur isteach.
Má tá aon cheist agat maidir le do chuntas Rátaí Tráchtála, lena n-áirítear iarmhéideanna gan íoc, téigh i dteagmháil le Comhairle Contae na hIarmhi ag (rates@westmeathcoco.ie no tri 04493 38959). Beidh ár mbaill foirne breá sásta aon iarmhéid gan íoc ar do rátaí a phlé chomh maith le comhairle a thabhairt duit maidir leis na chéad bhearta eile is féidir a dhéanamh le coinníollacha na scéime a chomhlíonadh.