Ireland business Coronavirus

€155m paid out so far under wage subsidy scheme

Reading now: 653
www.rte.ie

Over 219,400 employees have now received at least one payment under the Government's Temporary Wage Subsidy Scheme (TWSS), according to new data released by Revenue.

As of today, more than 41,000 employers are registered for the TWSS, with over 26,200 of those having received a refund. The scheme enables employees to receive State supports through their employers' payroll in circumstances where the employer is affected by the outbreak.

Of the employees who have received at least one TWSS payment 80% have also received a top-up payment from their employer, Revenue states.

The scheme has been operational for two weeks and the total amount paid out so far under it is €155 million. Included in that figure is €14.8 million in tax and/or USC

Read more on rte.ie
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA