Employers are raising concerns that while their businesses have been hit by the Covic-19 pandemic, that they have funds to pay employees and can not therefore avail of the wage subsidy scheme.

There are two important elements of the scheme to keep in mind:

  1. It states that if your business has suffered a 25% drop in business that you can avail of the scheme; and
  2. When you apply a Revenue representative will contact you to confirm whether or not your application meets the criteria.

There does not seem to be any reference to the type of funds you may have access to and to this end an employer should not have to worry about that. Additionally, if a representative of Revenue approves of the application it would seem that you have a genuine application.

If you would like to discuss the above with specific reference to your business please contact us on 1 8774608 or [email protected]

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