Ireland – Employee Wage Subsidy Scheme Introduced The Irish government introduced a new Employment Wage Subsidy Scheme (EWSS) on 23 July 2020, which applies from 1 July 2020 and is expected to be in place until 31 March 2021. Senior Manager, PwC Ireland (Republic of)
However, those employers that did not ultimately meet this test, should now cease claiming and paying the subsidy.Revenue will also look to review the reasonableness of the employer's initial self-assessment regarding their eligibility for the scheme and whether to claw back any subsidy already paid.
Should you have any questions in relation to how you have operated the Scheme, how to prepare for any compliance check by Revenue or any matter related to the Scheme, please get in touch with your usual PwC contact or one of listed below.
117/20 which provides for a range of updates and clarifications in respect of the extension of the Temporary Wage Subsidy Scheme (“TWSS”) to 31 August 2020 (as announced by the Minister for Finance and Public Expenditure and Reform on 5 June 2020).
From 4 May 2020, the TWSS (Temporary Wage Subsidy Scheme) begins the Operational Phase.
This is likely to lead to an increase in queries to payroll, finance or HR and it may be wise to consider the additional employee communications that may be necessary in this regard.This is also particularly true where an employee is placed on a 'Week 1' basis, having received subsidy payment(s).
The Minister for Finance and Public Expenditure and Reform recently confirmed the extension of the Scheme to 31 August 2020.
Revenue has indicated an expectation that in Q3, as employer's recommence trading and therefore should be able to pay more of their employees' normal wages, that subsidy amounts will decrease.Revenue has indicated that details of the subsidy amounts paid to employers will now be visible to employees when they access their personal affairs via Revenue's online 'myAccount' facility. It looks like the internet browser you are using is out of date.
In addition trainees or apprentices who were on training programmes run by Solas in February 2020 and who re-enter the workforce can now qualify for subsidy payments.Revenue has also clarified how the employer eligibility criteria will operate during the extension period.
The Temporary Wage Subsidy Scheme (TWSS) has been extended to 31 August 2020.The Temporary Wage Subsidy Scheme was initially to run for a period of 12 weeks, ending on 18 June 2020.
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