The recent budget brought about changes to the Employment Wage Subsidy Scheme (EWSS). The changes to the scheme are set to provide a ‘lifeline’ to businesses and those whose jobs may be at risk during this time. It is also to ensure as many employees can retain the link with their employer, allowing them to return to the workforce at the earliest opportunity.
It is important to note that the payment is now linked to a person’s prior earnings and will now have four earnings related bands. These changes ensure that the Pandemic Unemployment Payment (PUP) is fairer, more equitable and sustainable and have allowed Government to extend the payment until next April.
The primary changes to the EWSS are:
The new rates are as follows:
Employment Wage Subsidy Scheme:
Revised rates:
Gross weekly pay |
Revised Rates |
|
Less than €151.50 |
Nil |
|
€151.50 – €202.99 |
€203 |
|
€203 - €299.99 |
€250 |
|
€300 - €399.99 |
€300 |
|
€400 - €1,462 |
€350 |
|
Over €1,462 |
Nil |
If you want advice or guidance on the latest changes to the EWSS Scheme or how it affects your business, please call us today on: 01 663 2000
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