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A Practical Take On The Government’s New SME Measures

Are you waiting to discover what phase of Ireland’s re-opening plan you fit into? Worried about checking the bank account, talking to the bank manager or picking up the phone to the company accountant?

In order to ease your apprehension, chatted with Karl Foley of Malone & Co Accountants in Rathcoole, Co. Dublin to get some insights into the new measures announced by the Department of Enterprise aimed at supporting companies through the difficult months ahead.

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Karl Foley, Malone Accountants, Rathcoole, Co. Dublin. Pic TBN Studio

From the issue of parking Revenue obligations for a year to how or what financial supports companies can apply for in the weeks ahead there is much to be clarified and many would say much still to be done to properly support the country’s owner managers get back on track.

We all remember the banking bailout? There have already been calls for similar economic heavy lifting to support SME’s dealing with the Covid-19 fallout.

Dealing with SME’s on a daily basis, Karl had some practical advice for business owners dealing with the Coronavirus storm.

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