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 info@briodys.ie or call us on 042 9357033.