Are there more changes to the EWSS?

Revenue have announced they are to speed up the payment of wage subsidies to employers under the Employment Wage Subsidy Scheme. 

Previously there was a 6-week turnaround for employers to receive payments under the EWSS.

However as more businesses now need to close under Level 5 restrictions this delay would cause cash-flow problems for many.

Instead of subsidies being payable a month in arrears, the first EWSS payments in respect of November payrolls will be made in early November, rather than by 5 December. Subsequent payments for November will be paid following receipt of a payroll submission containing an EWSS claim. 

The new arrangements will apply to payroll submissions on or after 20 October, 2020.

There were also changes to the subsidy rates announced in Budget 2021. Read more here

 

 

 

Date published 22 Oct 2020 | Last updated 3 Nov 2020

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