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read moreAnswer for Initial Phase Calculations
Reconciliation of Employer Refunds: At a future date, Revenue will perform a reconciliation of employerrefunds made to the employer from 26 March up to 4 May. Where necessary Revenue will…
read moreInitial Phase Calculations
In the initial phase calculations of the subsidy may be incorrect either higher or lower.? ?Will Revenue reconcile? the payments with what was paid or what was supposed to be…
read moreAnswer for cash-reserves
Revenue have used the word ‘expected’ in their guidance in this case which unfortunately doesn’t give a clear answer. “? An employer that has been hit by a significant decline…
read morecash-reserves
1. Can employers who have reserves but are not topping up the wages of their employees with the subsidy, be compelled to top them up.
read moreAnswer for Revenue COVID-19 Wage subsidy scheme
Revenue haven’t given guidance on the hours which should or shouldn’t be worked that’s between employer and employee but I do know a lot of other businesses are operating the…
read moreAnswer for Wages Subsidy question Thanks you for the Course
Q4 As Q1 you can pay the subsidy and not top it up or reduce the amount of subsidy claimed to match the amount you want to pay the employee
read moreAnswer for Wages Subsidy question Thanks you for the Course
Q3 As above if more than the max weekly top up is paid the subsidy is tapered.
read moreAnswer for Wages Subsidy question Thanks you for the Course
Q2 if you top up over the max employer top up it will reduce the subsidy with tapering, So it’s either a. Tell the employees? they’re not getting paid the…
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