News and developments
Update in respect of Covid-19 Temporary Wage Subsidy scheme
n a previous article dated 30th March 2020 (available here), we discussed the workings of the Government’s Temporary Wage Subsidy Scheme which is aimed at helping employers to keep employees on the payroll for the duration of the Covid-19 crisis (whether or not those employees are still working) so that businesses can resume normal operations more easily after the crisis.
In line with a formal determination made by the Minister for Finance and Public Expenditure Reform on 15th April improvements have been made to the subsidy payments available in certain circumstances.