Ireland further amends Temporary Wage Subsidy scheme

On 15 April 2020, Ireland’s Minister for Finance introduced a tiered system and amended the rates of subsidy to the Temporary Wage Subsidy (TWS) scheme. These new provisions are effective from 4 May 2020. The main aim of these changes is to bridge the gap between the Pandemic Unemployment Payment payable by the Department of Employee Affairs and Social Protection (DEASP) and the TWS that an eligible employer can claim and pass on to the employee. Revenue’s guidance on eligible employers can be f…