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EWSS will run until 31 December 2021

To qualify you must have a valid tax clearance cert and meet the reduction in turnover (or customer orders) test.

Subsidy Rates from 20 October 2020 to 30 September 2021

Criteria to qualify:

  1. Business has experienced significant negative economic disruption due to COVID-19
  2. 30% decline in turnover or customer orders over a 12 month period (2019 V 2021)

This is operated on a self- assessed basis and on the last day of every month, you must complete a review to make sure you continue to meet the scheme’s eligibility criteria. You should be looking at the period as a whole rather than on a monthly basis.

If you no longer qualify, you should deregister and stop claiming the subsidy from the 1st day of the next month

If an employment is eligible for the subsidy, a 0.5% rate of employer’s PRSI applies.

Government has said that for Q4, consideration will be given to a future change to EWSS which will require an employer contribution towards employee wages.

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John Carolan ACMA, GCMA

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