Covid Restrictions Support Scheme (CRSS) – Revenue Update on 21 October 2020

In his Budget speech on 13 October 2020, the Minister for Finance announced his intention to introduce the Covid Restrictions Support Scheme (“CRSS”) as an additional support for businesses subject to significant Covid-19 restrictions. The scheme is intended to be in addition to the supports provided to employers under the Employer Wage Support Scheme (“EWSS”). Set out here is information on how the scheme is intended to operate as well as some worked examples demonstrating this.