![]() ![]() The LEO cannot pay out on the grant unless all the above is in order. In addition, you will be required to display at your business premises/office a sign acknowledging ERDF / Exchequer funding towards your business.In all cases, a current Tax Clearance Certificate must be provided.In all cases, a site inspection to ensure that the business is in existence, that grant aided items are on site and operational is carried out.A Fire Cert must also be provided in build projects.In the cases of building / renovation projects, planning permissions and a site inspection to determine value for money must be carried out.In all cases where capital items have been purchased, evidence of insurance must be provided with the interest of the Local Enterprise Office, Kildare noted on the policy.In the case of food processing projects, a letter from the relevant Health Authority that your premises are fully approved. ![]() You must submit copies of your bank statements to verify payments from the grant aided clients’ accounts.Please note name of account must be grant aided business. Invoices must be made out to the grant aided client and the funds paid from the grant aided client’s bank / visa account.You must submit your original invoices along with your grant claim forms. At one end of the spectrum, some grants may be totally free of any tax consequences, whereas at the other end of the spectrum, some grants are taxed as income on receipt. One way to measure volatility of an investment is to look at its investment drawdown. You may get the grant award mandated to a specific bank account by requesting this in writing. SSAP 4 recognises that the tax treatment of different types of grant can be polarised. Inquiries regarding drawdown requests, cash management rules, and the disbursement of funds should be directed to PSC/PMS (see Part III). You would need to ensure that you have bridging finance arranged for this. Operational guidance for recipients is provided through a training CD from PSC. In all cases except for salary grants, the grantee must incur the expenditure before making a claim for the grant to be reimbursed by the LEO to the grantee. What other documentation might be required at drawdown stage? No, proof of each transaction must exist in the form of a receipt and the payment matched to a transaction on a business bank statement. No, Vat is excluded from all grants and payments. The grants from the LEO, with the exception of salary grants, are all on the basis of a recoupment system based on vouched expenditure.įor example if you have been approved a grant on the provision of equipment then the equipment must be fully paid for, installed and on site and the paperwork in order, with a site inspection carried out by LEO personnel, for the LEO to pay out the 50% of costs. I have been approved for a grant – when do I get paid? Export and International Market Development.Technical Assistance for Micro Exporters' Grant Funding.Supports for businesses with more than 10 Employees.Kildare Clusters: Craft, Food and Women in Business.Management Development Programme with Blaise Brosnan.Advanced Management Development Programme 2023. ![]()
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