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Covid-19 Pandemic Supports

Dáil Éireann Debate, Wednesday - 31 March 2021

Wednesday, 31 March 2021

Ceisteanna (81)

Peter Fitzpatrick

Ceist:

81. Deputy Peter Fitzpatrick asked the Minister for Finance the cost to date of all Covid-19-related payments in his Department to individuals and corporate entities; and if he will make a statement on the matter. [15409/21]

Amharc ar fhreagra

Freagraí scríofa

I am advised by Revenue that the total cost of the Covid Restrictions Support Scheme (CRSS) as of 29 March is €409m. 21,600 businesses have registered 25,300 premises for CRSS with Revenue. To date 121,500 claims for payments of €413m have been received in respect of 24,000 premises, €409m of which has already been processed for payment.

In terms of the Employment Wage Subsidy Scheme (EWSS), currently 49,100 employers are registered with Revenue for EWSS. €2,548m in subsidies has been paid to 48,200 employers in respect of 544,600 employees under the Scheme. An additional €423m in employer PRSI has been forgone due to the reduced rate of PRSI on wages paid which are eligible for EWSS.

The Temporary Wage Subsidy Scheme (TWSS) was in place from 26 March to 31 August 2020. The cost to the Exchequer of the Scheme over that period is just under €2.9 billion.

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