Does the PSD treat small businesses differently from larger ones?
Whether there is a difference depends on how each EEA member state implements the PSD. In all EEA member states, larger businesses may not receive all of the PSD benefits. In implementing the PSD, EEA member states can decide whether micro-enterprises (with an annual turnover below EUR2m and less than 10 employees) obtain all the PSD benefits. The Czech Republic, Ireland, Malta and UK decided that micro-enterprises (and small charities with an annual income of less than GBP1 million in the UK) should obtain all the PSD benefits. All other EEA member states have decided that all businesses and charities should be treated the same so that they may not receive all of the PSD benefits, even if they are a small business.
