State Aid law is the means by which the European Union regulates state funded support to businesses. Providing discretionary relief to ratepayers is likely to amount to State Aid. However the Supporting Small Businesses relief scheme will be State Aid compliant where it is provided in accordance with the de minimis regulations (1407/2013)7.
The de minimis regulation allow a business to receive up to €200,000 of de minimis aid in a rolling three year period (consisting of the current financial year and the two previous financial years) this includes all sources of state funding.
Recipients of SSB are required to inform the council if they are in receipt of any sum above the de minimis aid limit. More information can be found on the Government’s State Aid.
Last Updated on Thursday, June 18, 2020