Since the beginning of the Covid-19 crisis in March 2020, businesses have suffered a period of uncertainty and huge change in completely unprecedented times. Businesses cried out for Government support to help them survive the crisis. Following lobbying by bodies in many sectors of the economy and submissions from various professional bodies, the Government put together a plan to help businesses continue in existence, which became known as the July Stimulus Plan. Under the eagerly awaited plan, the Financial Provisions (Covid-19) (No. 2) Bill 2020 was presented to the Oireachtas on 23 July 2020 and signed into law by the President on 1 August 2020. The Financial Provisions (Covid-19) (No. 2) Act 2020 covers a range of tax initiatives to the value of €1.4bn, according to the Government, and is aimed at easing the financial burden of Covid-19 on both businesses and individuals.