Up to €5,000 is being provided to over 140,000 businesses in recognition of the increased costs faced by businesses across the country.

The grant is targeted at small and medium businesses operating directly within a premises that is commercially rateable by a local authority. It is a once-off grant aid provision and will have no bearing on the commercial rates paid by firms.

The grant will paid at a rate of half the enterprise’s commercial rates bill in 2023, for firms paying up to €10,000 in rates.

For those paying between €10,000 and €30,000 in rates, they will receive a grant of €5,000. No grant will be available for firms paying more than €30,000.  

To Calculate: Get your rates bill for 2023 and divide the amount by 2. Your grant will be up to a max of €5K.