Wage Subsidy Boost For Level 5

20 Oct 2020 | 11.31 am

Wage Subsidy Boost For Level 5

Increase for Pandemic Unemployment Payment too

20 Oct 2020 | 11.31 am

The Employment Wage Subsidy Scheme is being amended to five payment rates/bands in response to new government Level 5 trading restrictions.

The new EWSS bands and weekly rates are:

Prior Gross Weekly Earnings 0 – €151
Subsidy = €0

Prior Gross Weekly Earnings >€151 < €203
Subsidy = €203

Prior Gross Weekly Earnings >€203 < €300
Subsidy = €250

Prior Gross Weekly Earnings >€300 < €400
Subsidy = €300

Prior Gross Weekly Earnings >€400< €1,462
Subsidy = €350.

A government statement did not clarify when the EWSS changes take effect, though it was announced that higher EWSS payments will continue until the end of January 2021.

Revisions to the Pandemic Unemployment Payment take effect from October 27. The new PUP bands and weekly rates are:

Prior Gross Weekly Earnings <€200
PUP  =  €203 (no change)

Prior Gross Weekly Earnings >€200 <€300
PUP =  €250 (no change)

• Prior Gross Weekly Earnings >€300 <€400
PUP  = €300 (no change)

Prior Gross Weekly Earnings >€400
PUP = €350

From midnight on Wednesday October 21, all of Ireland will be placed on Level 5 restrictions. They will remain in place for six weeks, until December 2. Details of the trading and other restrictions can be accessed here.

 

Pic: RollingNews.ie

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