Temporary Business Energy Support Scheme (“TBESS”)
Temporary Business Energy Support Scheme (“TBESS”), which will provide support to businesses impacted by the unprecedented increase in energy costs.
TBESS is targeted at businesses carrying on a trade or profession.
For the purposes of the TBESS, the following businesses are examples of what would normally be considered to be trading:
• beauty salons • cafés and restaurants • crèches • farmers • hairdressers • hotels • insurance brokers • manufacturers • nursing homes • pubs • restaurants • retailers • stockbrokers • travel agents
For the purposes of the TBESS, the following are examples of what would normally be regarded as professions:
• accountant • architect • auctioneer/estate agent • barrister • dentist • doctor • engineer • Montessori school • optician • solicitor • veterinary surgeon.
Energy costs threshold. The eligible business must have experienced an increase of 50% or higher in the average unit price of its electricity and/or gas for the energy bill arising during a claim period between September 2022 and December 2022 when compared with the corresponding period in 2021.
In order to be a ‘qualifying business’, the claimant must:
(a) have their tax affairs up-to-date ensuring all tax returns are filed, and payments made, or payment arrangements entered into to cover all outstanding debts; and
(b) be eligible for a tax clearance certificate
The time limit for making a claim in relation to an electricity or gas bill is 4 months from the end of the claim period to which the electricity or gas bill relates.
Any questions relating to the TBESS email our office at firstname.lastname@example.org or call us on 042 9357033.