Category: wage subsidy scheme

Temporary Wage Subsidy Scheme has cost over €2bn to date

The government’s Temporary Wage Subsidy Scheme has now cost in excess of €2 billion, according to the latest statistics issued by the Revenue Commissioners. Around 415,000 employees are currently being directly supported by the scheme, having received a TWSS subsidy in their last payroll cycle. However, since the scheme was launched on 26 March, over 618,000 […]

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Chambers Ireland calls for wage subsidy scheme extension

Chambers Ireland has called on the Government to extend the wage subsidy scheme for some sectors and introduce a 12 month waiver on commercial rates in the July Stimulus, which is due to be published next week.  The organisation represents 40 Chambers and more than 8,000 businesses around the country. It said the package of supports […]

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More than 427,000 workers now on wage subsidy scheme

More than 427,000 workers are now having their wages subsidised by the Government under the Temporary Wage Subsidy Scheme, according to the latest figures published by the Revenue Commissioners.  More than 50,900 employers have registered for the TWSS with the Revenue Commissioners, who administer the scheme. Of those, 43,000 have already received subsidy payments.  In total, […]

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Over 45,100 employers registered for wage subsidy scheme

There are over 45,100 employers registered with Revenue for the Covid-19 Temporary Wage Subsidy Scheme, according to the latest figures from Revenue. Over 30,800 employers have already received subsidy payments under the scheme, and over 281,200 employees have already received at least one payment. Today, Revenue has generated further subsidy payments under the scheme worth […]

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€9m more to be paid out in Covid-19 wage subsidy scheme today

Revenue has assured employers that they will not be deemed insolvent if they avail of the government’s Covid-19 wage subsidy scheme.  Concerns had emerged that an unpaid wages declaration would effectively be an admission that employers were trading while insolvent. The key criterion is an employer’s declaration that disruption brought about by the pandemic has […]

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Employment lawyers critical of Govt wage subsidy scheme

Employment lawyers have strongly criticised the Government’s Temporary Wage Subsidy Scheme which is being debated in the Dáil today. In a letter to the Minister for Employment Affairs and Social Protection Regina Doherty marked “Urgent”, the Chairperson of the Employment and Equality Law Committee of the Law Society Catherine O’Flynn says that flaws in the […]

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