The Government has announced the extension of the Employment Wage Subsidy Scheme until the end of January and restoration of November's higher rates.
Minister Paschal Donohoe said they couldn't design a targeted scheme for the hospitality sector in time for Christmas and so have gone this route instead.
Effectively the Government has done what many businesses wanted and returned to the November rates of the wage subsidy scheme for ALL businesses where turnover is down at least 30%
— Seán Defoe (@SeanDefoe) December 9, 2021
The commercial rates waiver for businesses has been extended until the end of March 2022.
While the CRSS scheme has been extended until the end of January for nightclubs and discos.
Finance Minister Paschal Donohoe says businesses impacted but not closed by current restrictions will get two months of the higher rate of the wage subsidy scheme:
"What we are doing is proposing an extension of the November rates in the Employment Wage Subsidy Scheme up to the end of January. That will be for all sectors of the economy.
"But for any company to be on this they need to prove a 30% decline in their business."
