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More than 427,000 workers now on wage subsidy scheme

Ireland business Coronavirus
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www.rte.ie
rte.ie:

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, the Government has paid out €712 million under the scheme - including €61 million in income tax refunds due during the same period.

Today alone, the Revenue Commissioners have generated payments worth over €60 million. The TWSS was commenced on 26 March and is scheduled to continue for 12 weeks to support firms during the Covid-19 emergency.

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