Dáil Éireann Debate, Wednesday - 15 July 2020
49. Deputy John Lahart asked the Tánaiste and Minister for Business, Enterprise and Innovation if he will ensure there will be no delay in payments to SMEs such as the employee assistance scheme in order to ensure SMEs can continue to pay their staff on a regular basis; and if he will make a statement on the matter. [16147/20]
Amharc ar fhreagraOn 5 June, the Temporary Wage Subsidy Scheme was extended by the then Minister for Finance and Public Expenditure and Reform to 31 August 2020. Businesses re-opening, who were not previously registered for the scheme, can now apply to join the scheme, provided they meet the relevant eligibility criteria.
The Temporary Wage Subsidy Scheme will be available to employers who keep employees on the payroll throughout the COVID-19 pandemic, meaning employers can retain links with employees for when business picks up after the crisis. Additionally, the operation of the scheme will reduce the burden on the Department of Employment Affairs and Social Protection (DEASP) which is dealing with the other COVID-19 employee assistance related payments.
Detailed information in relation to operating the TWSS can be found on the Revenue website.
