Changes Announced to Temporary Wage Subsidy Scheme

The Minister of Finance has today (15th April 2020) announced significant changes to the operation of the Temporary Wage Subsidy Scheme.

Details of the changes are available here

https://www.gov.ie/en/news/c3e1eb-minister-donohoe-announces-update-to-the-temporary-wage-subsidy-sche/

These changes will apply to all payrolls with a payment date of 4th May which are submitted to Revenue on or after that date. No back dating of the increased subsidy will apply.

CollSoft is currently assessing the changes and what impact they will have on your payroll software and updates will be published in due course.