Questions and Answers
Will Budget 2022 affect the EWSS in any way?
I run a small hairdressers and currently have 2 employees. I am availing of the Employment Wage Subsidy Scheme (EWSS). Will Budget 2022 affect the EWSS in any way?
Rates of EWSS
- current rates to remain in place until 30 November 2021;
- for the three months December 2021 to February 2022 there will be two subsidy rates namely €151.50 and €203 per employee per week;
- for the two months March 2022 and April 2022, a single flat rate of €100 per week will apply;
- the existing reduced rate of Employers’ PRSI (0.5%) will continue to apply until the end of February 2022. The full Employers’ PRSI contribution will be reintroduced from 1 March 2022 until the scheme ends;
- scheme to conclude on 30 April 2022.
Date published 12 Oct 2021
This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.Choose the right accounting firm for you
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