As part of the Irish Budget 2024, a once-off Increased Cost of Business (ICOB) grant was announced to help with business costs. The grant is available through local authorities who will contact eligible businesses directly via a letter which outlines all requirements. The closing date for registration is tomorrow (Wednesday 1ST May).
Businesses who paid commercial rates up to €10,000 - will receive 50% of the amount paid in commercial rates.
Businesses with commercial rates between €10,001 & €30,000 – will receive a fixed amount of €5,000.
Businesses with commercial rates of more than €30,000 are ineligible for the ICOB Grant.
If you have been contacted by your local authority and need assistance in your application don’t hesitate to contact us.
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