Opinion: If you're in business, you need to get ahead of this Covid-19 crisis

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Opinion: If you're in business, you need to get ahead of this Covid-19 crisis, writes Jason O'Sullivan

Jason O'Sullivan Solicitor “IT WILL BE like nothing in our living memory” was the initial dire warning delivered last week by Taoiseach Leo Varadkar at the Government’s press briefing on Covid-19.

Others will now follow swiftly as disruption intensifies over the coming weeks, as we get closer to the possibility of full lockdown akin to what is occurring across Europe. Such policies, if you have them, should both guide and inform employers on how best to prepare and initiate all necessary actions as required in dealing with staff members who may need to self-quarantine, work remotely for a period or care for a family member who becomes infected with the virus. Overall, these policies will need to be adaptable to change and updated as required.

In times of economic peril, it is important for those in leadership roles to convey a sense of calm and denote confidence they have matters in hand, as to avoid mass hysteria or panic. There have already been positive measures announced by the Irish banks and Government this month aimed at helping Irish businesses with funding availability. While Revenue has stated it will waive in the immediate term, penalties for late payment of upcoming VAT returns and employer PAYE liabilities.

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