The Employment Salary Subsidy Regime comes to an end

The Employment Wage Subsidy Scheme (EWSS) ends today for all businesses.

In February, most employers moved to a reduced weekly support rate before payments were phased out in March and April.

Businesses directly affected by the Covid-19 restrictions in December 2021, including many in the hotel sector, were eligible to continue to receive support under the scheme until today.

The wage subsidy schemes, the EWSS or its predecessor, the Temporary Wage Subsidy Scheme (TWSS), have been in place for more than two years, since March 2020.

The total level of support provided to date by wage subsidy schemes is €10.6 billion.

The EWSS accounts for €7.8 billion of that figure, comprising direct grant payments of €6.8 billion and PRSI losses of more than €1 billion.

The EWSS supported 51,900 employers with respect to almost 744,000 employees.

“Today marks the end of the very successful Employment Wage Subsidy Scheme,” said Finance Minister Paschal Donohoe.

“Wage subsidy schemes played a crucial role in preserving employment and income and supporting businesses at a very difficult time during the pandemic.”

According to provisional statistics released by Revenue last week, 4,000 employers have registered for EWSS and, as of May 26, 3,600 businesses received the payments.

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