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 of 25% of turnover being one of the criteria – and retain their employees on the payroll. Registration for the scheme is via a self-declaration by the employer through ROS myEnquiries. Revenue will do risk focused follow up which can include examination of relevant business records.
See the attached link for further clarity on the qualifying criteria.
