by ITAS Accounting | Mar 23, 2021 | General
TWSS was in effect from 26th March to 31st August 2020 to provide much needed support to over 66,500 employers in maintaining over 664,000 employee’s during the pandemic. Revenue has now provided TWSS reconciliation information to most employers who participated in...
by ITAS Accounting | Dec 15, 2020 | Covid-19
With effect from 26th March 2020, employers who have been adversely affected by Covid-19, have been operating the wage subsidy scheme along with their own payroll as income supports to their employees. 2020 Tax Liability Employee’s may have a liability due of income...
by ITAS Accounting | Jul 6, 2020 | Advice
Now as we move into Quarter 3, Revenue are advising employers to re-evaluate their eligibility for the TWSS still meets the criteria required.; Employers have suffered at least a 25% reduction in turnover as a result of the pandemicEmployees were included on the...
by ITAS Accounting | Jun 11, 2020 | Advice
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...
by ITAS Accounting | Apr 20, 2020 | Advice
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...
