Temporary COVID-19 Wage Subsidy Scheme - UPDATE

We have prepared an overview of the supports available to employers as detailed in the Emergency Measures in the Public Interest (COVID 19) Bill 2020. This Bill has been passed by Dail Eireann and is scheduled to be debated in Seanad Eireann today.

The wage subsidy measures in the Bill are to be construed in accordance with published guidelines issued by Revenue.

Links to our overview and Revenue’s dedicated COVID 19 webpage are included below.

Covid-19 Update 27 Mar 2020 (126 KB)

https://www.revenue.ie/en/corporate/communications/covid19/index.aspx

As we are all operating in a very fluid financial environment at present we expect that further guidance will be issued by Revenue in the near future.

Should you have queries or concerns please let your usual FMB contact know.

Stay safe.

The Team @ FMB

Chartered Accountants