Tax

Small Benefit Exemption During 2020, Revenue offered a concession whereby an employer was permitted to provide multiple vouchers to frontline or other key employees who worked during the period of the Covid-19 crisis, once the aggregate total did not exceed €500 (i.e., an employer was permitted to give a qualifying employee 2 or more vouchers […]

We have seen an increase in UK companies looking to continue direst access to the EEA post Brexit.  Most commonly a new Irish company is incorporated.  Equally there are large numbers of UK companies who have long established subsidiaries in Ireland.  This can be an ideal solution to maintain operations and trade within the EU […]

Overview In his Budget speech on 13th October 2020, the Minister for Finance announced his intention to introduce the Covid Restrictions Support Scheme (“CRSS”) as an additional support for businesses subject to significant Covid-19 restrictions.  The scheme is intended to be in addition to the supports provided to employers under the Employer Wage Support Scheme […]

EWSS Registration is now open Eligible employers or their payroll/tax agents can now register for EWSS through ROS.  Revenue confirmed the opening of the registration facility on Wednesday 20th August.  Employers who are claiming the TWSS must separately register for the EWSS as different eligibility conditions apply to both schemes. Revenue confirmed that registration applications […]

Revenue published Guidelines on the Operation of the Covid Restrictions Support Scheme (CRSS) on Tuesday, 27 October 2020. There are a number of criteria for the scheme which provides a cash payment to those eligible – the aim is to help meet fixed costs of a business whilst it required to be closed under Government […]

The Covid Restrictions Support Scheme (CRSS) announced on Budget day provides targeted support to businesses that are forced to close temporarily or operate at a significantly reduced level because of COVID-19 public health restrictions that either prohibit, or significantly restrict, customers from accessing their business premises. Generally, this refers to COVID-19 restrictions at Level 3, […]

The Government announced the Employment Wage Subsidy Scheme (EWSS) on 23rd July 2020. This is an economy-wide enterprise support that focuses primarily on business eligibility. The scheme provides a flat-rate subsidy to qualifying employers based on the numbers of paid and eligible employees on the employer’s payroll. The EWSS will replace the Temporary Wage Subsidy […]

The Revenue have now published detailed Guidelines on the operation of the Employment Wage Subsidy Scheme (EWSS), outlining the eligibility criteria and supporting proofs that employers need to satisfy in order to participate in the scheme. In a press release, the Collector-General, Joe Howley, provided key advice to employers on the actions some may need […]

  The Employment Wage Subsidy Scheme (EWSS) will replace the Temporary Wage Subsidy Scheme (TWSS) from September 1st 2020. Revenue are currently working through the finer details of the scheme. Below is some information to help you understand the scheme and to help prepare for it should you choose to avail of it. The scheme […]

The recent extension of the TWSS in the form of the EWSS (Employment Wage Subsidy Scheme) from September 1, 2020 to March 2021 is to be welcomed.  The definition of “eligible employee” was expanded.  However, a closer look at the the legislation, Financial Provisions (Covid-19) (No. 2) Bill 2020 below, has serious implications for Company […]