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Sunday 5 February 2023 Dublin: 5°C

# wage subsidy scheme

Last year
2022
# wage subsidy
Pandemic wage subsidy scheme ends today after being in place for over two years
The scheme was extended for businesses impacted by public health restrictions in December 2021.
All time
# TWSS
Revenue seeking repayments from 56% of employers who availed of wage subsidy scheme
Some businesses who weren’t hit as hard by the pandemic as they predicted now owe money back to Revenue.
# the changeover
'There's a risk of being penny-wise but pound-foolish': Here's why employers are so concerned about the new wage subsidy scheme
Some businesses could see the money provided to subsidise wages halve.
# Mortgages
Wage subsidy and mortgages: 'The government isn't helping them. What chance have they with the banks?'
Many on the wage subsidy scheme with mortgage approval have struggled to reach the drawdown stage.
# Tax
Paying back tax on the wage subsidy scheme: Revenue's plans aim to 'minimise any financial hardship'
Money received under the wage subsidy scheme is taxable, but that tax liability won’t come until the end of the year.
# The Banks
Minister for Finance says he 'cannot mandate' how banks consider mortgages for people on wage subsidy scheme
A number of mortgage applicants have been told they cannot draw down their mortgage due to being on the scheme.
# SUPPORTS
Paschal Donohoe: Wage subsidy scheme 'won't come to abrupt end'
The Finance Minister noted the ‘particular’ value of the scheme to government.
# Covid-19
Over one million people on Live Register or getting unemployment payment
The number of people in receipt of Covid-related payments is decreasing as more businesses start to reopen.
# Economy
Call for extension of wage subsidy scheme into 2021 as conference sector 'on verge of collapse'
Event organisers have said they face the prospect of no income for 18 months.
# wage subsidy scheme
'The stress is real. And growing': Wage subsidy recipients with mortgage approval uncertain if they can buy home
Some applicants have been told by their bank they can’t draw down their mortgage if they’re in receipt of the wage subsidy scheme.
# The Banks
'What was all our hard work for?': Couple have mortgage approval pulled because one is on wage subsidy scheme
Labour’s Ged Nash says the Minister for Finance must urgently raise the issue with the main banks.
# Explainer
Q&A: How the extended pandemic payment schemes will work
The schemes will last throughout the summer into August. Here’s what it all means.
# Covid-19
Paschal Donohoe: 'Wage subsidy scheme will not disappear overnight'
The Pandemic Unemployment Payment and the Temporary Wage Subsidy Scheme will be extended beyond the original June end date.
# Covid-19
Change to wage subsidy scheme to include those returning from maternity leave
The change will also accommodate those returning from a period of paternity or adoptive leave.
# clarity
Donohoe says no decision made yet on extending wage subsidy scheme
The Minister for Finance said he understood the need for clarity on the scheme for businesses going forward.
# Covid-19
Covid-19: Over €650 million now given to businesses to keep people employed
The scheme is being run for an initial 12-week period.
# Social Welfare
Varadkar: 'Extending pandemic payment and wage subsidy scheme may be needed if restrictions stay in place'
Varadkar also said no decision has been made on whether or not to extend the payment.
# Covid-19
RTÉ to avail of government's wage subsidy scheme
RTÉ has seen a significant decline in TV licence fee revenue as well as commercial income.
# Covid-19
Future changes to pandemic payment and wage subsidy scheme to be considered, says minister
Paschal Donohoe says people may have to move to normal social welfare schemes and wages subsidy scheme will have to be tapered.
# Covid-19
Childcare providers have until Tuesday to sign up to wage subsidy scheme
Wages of thousands of employees working in the childcare sector will be topped up to a maximum of €586 a week.
# Wages
People on pandemic payment 'not classified as unemployed' but rate would be 16.5% if they were, says CSO
The rate would be the highest ever in the CSO’s series, dating back to 1998.
# ESRI
Covid-19 welfare schemes could cost Ireland €5 billion every three months
The figure is according to a new report from the ESRI.
# Wages
19,000 people close pandemic payment due to claiming it 'in error'
The government says the temporary wage subsidy scheme is not being taxed at the time at which you receive it.
# Wages
'Anomalies have arisen': Donohoe admits 'gap' in wage subsidy scheme for low paid workers
Sinn Féin says workers are being penalised in some cases.