Below is a document updated to 26th April 2020, released by Revenue with Frequently Asked Questions on the Operation of the COVID-19 Temporary Wage Subsidy Scheme https://www.revenue.ie/en/employing-people/documents/pmod-topics/guidance-on-operation-of-temporary-covid-wage-subsidy-scheme.pdf
If your business is impacted or may be impacted in the future due to COVID-19, the following are government supported initiatives for those who are having difficulty in accessing finance from commercial lending providers. Microfinance Ireland – www.microfinance.ie Strategic Banking Corporation of Ireland (SBCI) – www.sbci.gov.ie Enterprise Ireland – www.globalambition.ie Department of Business, Enterprise and […]
Today (8 April 2020), Revenue confirmed that it has implemented an EU Commission decision that allows goods to combat COVID-19 to be imported, from outside the EU, free of import duties and VAT. The objective of the measure is to ensure that goods to combat COVID-19 being imported by approved organisations do not incur import […]
What the COVID-19 Pandemic Unemployment Payment is The COVID-19 Pandemic Unemployment Payment is a payment of €350 per week. It is available to employees and the self-employed who have lost their job on (or after) March 13 due to the COVID-19 (Coronavirus) pandemic. The COVID-19 Pandemic Unemployment Payment will be in place for the duration of the […]
The Temporary COVID-19 Wage Subsidy Scheme will be operated by Revenue and enables employees, whose employers are affected by the pandemic, to receive significant supports directly from their employer. The scheme is expected to last 12 weeks from 26 March 2020. The Temporary Wage Subsidy replaces the previous Employer COVID-19 Refund Scheme and provides for a significant increase […]
Having regard to the measures announced on March 12 2020 by An Taoiseach to interrupt the transmission of COVID-19, Revenue outlined some key advice and actions taken to assist small and medium enterprise (SME)businesses experiencing cashflow and trading difficulties arising from the impacts of the virus. Revenue issued key advice earlier this week to businesses experiencing […]