We are experiencing a high volume of calls regarding the COVID-19 Temporary Employment Wage Subsidy scheme and also in relation to the COVID-19 Pandemic Unemployment Payment.
Please find attached a high level summary document which addresses the most common areas that most queries have related to and also included detailed registration instructions.
- Do directors qualify
- Impact of employee pension contributions (no guidance issued by Revenue currently)
- Calculation of Average Net Weekly Pay
- Amount of subsidy to enter for March payroll
As highlighted in previous updates please familiarise yourself with the qualification criteria mentioned below and in the attached documents.
The attached document is a summary of the Temporary Wages Subsidy Scheme and is not intended to be a comprehensive guide or a substitute for professional advice. Before deciding to proceed you are recommended to seek professional advice regarding the risks involved as well as on your personal financial and taxation position.
We will continue to update you as new information becomes available.
For more information please click on the links below