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Employers paying Employees 2020 Tax Liability – TWSS Scheme
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...
Employer Eligibility Review for Temporary Wage Subsidy Scheme
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...
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...