Week 1 basis for Temporary Wage Subsidy Scheme or Pandemic Unemployment Payment
Employees that have received payments under TWSS or Pandemic Unemployment Payment are to be moved to a Week 1 basis. The Week 1 basis is also known as ‘non-cumulative basis’ or month 1 for employees paid monthly. This basically means you pay tax each day you are paid,...
Update to Temporary Wage Subsidy Scheme
Following the announcement by the Minister for Finance, Revenue have now put in place a change to the Temporary Wage Subsidy Scheme to include employee’s returning to work following a period of leave. Previously, where an employee was returning to work after...
Changes to Covid-19 Wage Subsidy Scheme
Revenue have now issued confirmation of key changes made to the Covid-19 Temporary Wage Subsidy Scheme as announced by Minister of Finance, Paschal Donohoe. Who does this apply to? This will apply to all those earning up to €500 per week / €31,000 approx. per year and...