Local and National Issues

Government Needs To Introduce 12-Month Rates Moratorium For Struggling Businesses – Troy

Fianna Fáil Spokesperson on Business, Enterprise, and Innovation Robert Troy TD has published a Bill to introduce a rates moratorium for struggling businesses. The Bill allows the Government to designate businesses impacted by COVID-19 exempt from Local Authority rates for up to 12 months. Businesses currently pay up to €1.5bn in rates each year. Current Government plans have seen a deferral of rates, up until May, to be implemented by each individual Local Authority on a case by case basis. Commenting on the Bill Deputy Troy stated, “First and foremost this is a public health...
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Government’s COVID-19 Package For Businesses Needs More Urgent Action And Investment

Fianna Fáil Spokesperson on Business, Enterprise and Innovation Robert Troy TD has said more urgent action is needed from Government to protect struggling SMEs and to protect market confidence as we descend into unprecedented economic shock due to the outbreak of COVID-19. Deputy Troy said, “In the space of a few days hundreds of thousands of jobs have been lost, businesses have scaled back or closed entirely and consumers are staying at home, bracing themselves for a potential cut in their household income. While the specific business supports already announced will provide some assistance, there...
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