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NEWS & INSIGHTS
Restart Grants Of Up To €10K Available For Small Businesses
The government has released details of a new €250 million Restart Grant fund, which will give direct grant aid to micro and small businesses to help them with the costs associated with reopening and reemploying workers following COVID-19 closures. Its available to...
Re-Hiring Of Temporarily Laid-Off Staff & Availing Of The Wage Subsidy Scheme (TWSS)
With the phased re-opening of workplaces due to commence from today, Monday 18th May, many employers may be thinking of how to go about taking back some or all of their employees, and whether they can avail of the TWSS. The answer is yes you can: if an employee was...
Temporary Wage Subsidy Scheme (TWSS) Phase 2
Updates from 16th April 2020 The TWSS has been amended to include employees whose pre-COVID gross salary was greater than €76,000, and their post-COVID annual gross salary has now fallen below €76,000 (broadly €960 net per week but has now fallen below €960 net) due...
MLMG Covid-19 Business Action Checklist
Below is a practical guide that you can use to create an action list to help you navigate this crisis, and to find the financial and other supports available to you and your business. Not everything is going to be relevant to you but you could benefit in some way by...
Wage Subsidy Scheme – Over-payments by Revenue to Employers
Over the past few days employers who availed of the Wage Subsidy Scheme (WSS) have started to receive payments from Revenue. Employers need to be aware that they are likely to receive overpayments from Revenue, particularly in the period up to 20th April 2020, which...
Revenue’s wage subsidy scheme
Revenue have released further guidance on eligibility for the wage subsidy scheme. This scheme allows employers to claim back 70% of employees net wage (to max of €410 per week) if they are experiencing significant negative economic disruption due to Covid-19 – a fall...
COVID-19 (Coronavirus) ROI New & Updated Income Support Schemes (as at 26th March 2020)
NEW - TEMPORARY COVID-19 WAGE SUBSIDY SCHEME The Temporary Wage Subsidy Scheme is a new measure announced by Government to provide financial support to Irish workers affected by the COVID-19 crisis. Employers are able to claim back 70% of...
Main Banks Covid-19 Measures for personal & Business Customers (at 24/3/20)
Personal Banking Bank of Ireland Info: https://www.bankofireland.com/coronavirus-update/ Mortgage payment holiday form: https://form.bankofireland.com/personalbanking/borrow/mortgages/paymentbreak/ AIB Info: https://aib.ie/covid19/live-updates Mortgage payment holiday...