Dáil Éireann Debate, Tuesday - 23 June 2020
73. Deputy Martin Heydon asked the Minister for Finance the proportion of wages that has already been covered and is forecast to be covered by the temporary wage subsidy scheme in 2020; and if he will make a statement on the matter. [12330/20]
View answerRevenue publishes detailed weekly statistics on the COVID-19 Temporary Wage Subsidy Scheme (TWSS). These statistics are available at link: https://www.revenue.ie/en/corporate/information-about-revenue/statistics/number-of-taxpayers-and-returns/covid-19-wage-subsidy-scheme-statistics.aspx .
I am advised by Revenue that Table 7 of the most recent statistics (dated 18 June 2020) shows the wage (gross pay) levels of all employees, and of employees being supported by the TWSS, for each month of this year to end May.
All Employees
|
Month |
Number of Employees |
Gross Pay |
Average Gross Pay |
Income Tax Paid |
USC Paid |
Employee PRSI |
Employer PRSI |
Number of Employers |
|
January |
1.90m |
€6,187m |
€3,249 |
€1,077m |
€211m |
€220m |
€595m |
153,700 |
|
February |
1.88m |
€5,889m |
€3,136 |
€1,073m |
€209m |
€212m |
€563m |
150,400 |
|
March |
1.87m |
€6,463m |
€3,460 |
€1,272m |
€252m |
€233m |
€608m |
148,700 |
|
April |
1.61m |
€4,745m |
€2,942 |
€842m |
€169m |
€166m |
€423m |
120,400 |
|
May |
1.57m |
€4,387m |
€2,787 |
€755m |
€150m |
€151m |
€389m |
124,300 |
|
TWSS Employees |
||||||||
|
Month |
Number of Employees |
Gross Pay |
Average Gross Pay |
Income Tax Paid |
USC Paid |
Employee PRSI |
Employer PRSI |
Number of Employers |
|
January |
0.52m |
€1,483m |
€2,847 |
€189m |
€38m |
€53m |
€143m |
63,700 |
|
February |
0.52m |
€1,349m |
€2,571 |
€174m |
€35m |
€49m |
€130m |
62,200 |
|
March |
0.52m |
€1,310m |
€2,504 |
€163m |
€32m |
€46m |
€125m |
61,400 |
|
April |
0.50m |
€565m |
€1,134 |
-€16m |
€4m |
€10m |
€29m |
56,100 |
|
May |
0.50m |
€464m |
€930 |
-€23m |
€1m |
€6m |
€19m |
58,700 |
The published statistics also provide the levels of TWSS subsidy paid out to support employees, and the share of employers making additional wage payments to those (employees) availing of the TWSS.
My Department does not have a forecast available at present for the proportion of wages likely to be covered over the remainder of the year.
