Temporary COVID 19 Wage Subsidy Scheme (TWSS)

The Government is asking employers who have closed their businesses during the COVID-19 pandemic to continue to pay workers if possible. On 24 March, the Government announced a new Income Support Scheme to assist employers with paying workers during the COVID-19 pandemic. Employers will receive up to 85% of their employee’s weekly take home pay up to a maximum of €410 per week.

This scheme replaces the COVID-19 Employer Refund Scheme. If you have already applied for the COVID-19 Employer Refund Scheme, you do not have to lodge a new application for the Temporary COVID-19 Wage Subsidy Scheme.

You can read about this scheme here Temporary COVID-19 Wage Subsidy Scheme.

This scheme is administered through Revenue and payments started on 26 and 27 of March.

 

 

Lay-offs, reduced hours and social welfare supports for your employees

If you cannot pay your staff while they are laid off for this period, your employees can apply for the new COVID-19 Pandemic Unemployment Payment.

You can read more about social welfare entitlements during the COVID-19 pandemic.

If you reduce your employee’s hours to 3 days or less per week from their normal full-time hours, your employee can apply for Short Time Work Support which is a type of Jobseeker’s Benefit.

Find out more about:

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2020 HJK All Rights Reserved