Revenue gives firms more time to submit TBESS claims for September

Revenue has extended the deadline for businesses to submit claims under the Temporary Business Energy Support Scheme (TBESS) for September.

The deadline for receipt of submissions was to be tomorrow, as claims are required within four months of the end of the claim period.

But in a statement this evening, Revenue said it had extended the deadline to the end of the month to give businesses more time.

"We are experiencing increased activity on Revenue's TBESS claims portal," said Collector-General, Joe Howley.

"There is also a significant increase in the volume of phone calls we are receiving on our dedicated TBESS helpline, with the impending deadline being a particular focus of these calls."

"It is apparent that some businesses are finding it difficult, despite their best efforts, to meet the imminent deadline. Revenue is allowing businesses additional time to submit their claims."

The tax collection agency has not specified how much longer businesses will have to make a claim.

"Businesses who have registered for TBESS and who are eligible, are encouraged to access the claims portal via the eRepayments system on Revenue’s Online Service (ROS) and make a claim at the earliest opportunity," Mr Howley said.

Take up of the scheme to date has been lowered than ancitipated.

As of today over 18,700 businesses have registered for TBESS and over 11,200 claims have already been approved.

These approved claims have a value of €22.7 million and €18.2 million has already been paid into business bank accounts."

The scheme announced by the Government in Budget 2023 enables companies to claim back 40% of the increase in their electricity or gas bills and will help off-set some of the crippling costs of recent electricity and gas price rises.

Businesses will require their electricity and gas bills to complete the process which will enable them claim up to €10,000 per month depending on their energy usage and costs.

Details on how to claim the support can be found at revenue.ie.

The Minister for Finance has welcomed the extension.

"It is important that we give businesses adequate opportunity to submit their claims under the scheme," said Michael McGrath.

"The Government will make a decision in the coming weeks on the future of the TBESS scheme along with all the other cost of living measures that are due to expire at the end of February."