Updates to the Temporary Wage Subsidy Scheme

Author: Alan Homewood

    1 minute read    

The Temporary Wage Subsidy Scheme (TWSS) was introduced to provide financial support to employees affected by the COVID-19 pandemic. This scheme came into effect on the 26 March 2020. More information on the TWSS can be found on our help site here.

Extension of the TWSS

Last week Minister Donohoe announced that the TWSS will remain in place until the end of August, extending the expected end date by two months. Discussions will be held towards the end of August to determine whether further extension of the scheme will take place after this extended period. 

On 29 May 2020, the Minister also announced that the eligibility of employees for the TWSS will be expanded to include employees returning to work following a period of maternity, paternity or other related leave. Additionally, employees that were in receipt of illness or other benefits paid by the Department of Employment Affairs & Social Protection (DEASP) may also now be eligible for the scheme.

Employers wishing to avail of the scheme for the aforementioned employees, can now apply through ROS myEnquiries. These employees will be included in a revised CSV file, which employers can use to pay their employees a subsidy amount. More information on which employees will now be eligible, as well as the steps required to apply can be found on Revenue’s website here.

We hope that this information proves useful to you. If you have any queries on how the above relates to payroll and the SimplePay system, please feel free to get in touch with our customer support team at [email protected].

Team SimplePay