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Leo Varadkar outlines the new measures for Irish businesses

Leo Varadkar outlines the new measures for Irish businesses

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses a budget aimed at protecting lives and livelihoods, focusing on economic and public health. It outlines government support for workers and businesses, including no increase in income tax, a modest minimum wage increase, and changes to sick pay benefits. The video also covers tax credits for the self-employed, extended parental benefits, and pandemic support. A key announcement is the COVID Restrictions Support Scheme, which provides financial aid to businesses affected by restrictions, particularly SMEs.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the government's pledge mentioned in the first section?

Supporting businesses and jobs

Reducing public health measures

Decreasing minimum wage

Increasing income tax

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many waiting days for illness benefit are reduced in the new plan?

From seven to four days

From four to one day

From six to three days

From five to two days

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What change is made to the earned income tax credit for the self-employed?

It is abolished

It remains the same

It is increased to 1650

It is decreased to 1200

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum weekly refund a business can receive under the CRSS?

€4000

€3000

€5000

€2000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which businesses are eligible for the CRSS?

All businesses regardless of turnover

Businesses closed or down by 80% due to restrictions

Businesses with turnover over €2 million

Large corporations

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