Pandemic Wage Subsidy to Be Phased Out in Ireland by End of April 2022

Irish Minister for Finance Paschal Donohoe confirmed that the Employment Wage Subsidy Scheme (EWSS) for businesses affected by the Covid-19 crisis will be extended to the end of April, but supports from the programme will be phased out by then, the Irish Times reported. While there will be no change to the EWSS over the course of October and November, a two-rate structure of €151,50 and €203 will apply from December until the end of February, falling to €100 for March and April, Mr Donohoe told the Dáil on Tuesday as he unveiled Budget 2022. A reduced rate of employers’ pay related social insurance (PRSI) will no longer apply for the final two months of the programme, he said. The scheme will close to new employers from January 1st, 2022. “These revised arrangements for EWSS strike a balance between helping those businesses which continue to need support, while recalibrating the scheme in light of the wider economic recovery,” he said. A total of €17.5 billion has been paid out to date to individuals, households and businesses under the Pandemic Unemployment Payment (PUP), the Employment Wage Subsidy Scheme (EWSS) and the Covid Restrictions Support Scheme (CRSS), according to the Government. Read more.
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