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European Commission Approves Enhancements to Ireland's Temporary Business Energy Support Scheme

19 April 2023

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Approved Changes

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Ireland-European Union

Ireland's Department of Finance has announced that the European Commission has approved enhancements to the Temporary Business Energy Support Scheme (TBESS) --- Minister McGrath welcomes State aid approval for enhanced Temporary Business Energy Support Scheme Minister McGrath has welcomed European Commission approval of further enhancements to the Temporary Business Energy Support Scheme (TBESS) under the State Aid Temporary Crisis and Transition Framework (TCTF). TBESS was announced as part of Budget 2023 to help businesses meet rising energy costs which occurred as a result of the invasion of Ukraine by Russia. TBESS is a support available to tax compliant businesses experiencing...