EWSS rates reduced as Covid-19 supports continue to be phased out

business
Ewss Rates Reduced As Covid-19 Supports Continue To Be Phased Out
Euro notes and coins, © PA Archive/PA Images
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From Tuesday, most businesses will move to a reduced rate of the Employment Wage Subsidy Scheme (EWSS).

It comes as the Government continues plans to phase out Covid-19 supports following the easing of almost all restrictions in January.

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Those moving to the reduced EWSS rate will receive between €151.50 and €203 this month which will be followed by a flat rate subsidy of €100 for the final two months of the scheme in March and April.

Most companies will have their subsidies phased out by the end of April.

However, some businesses which were directly impacted by public health restrictions last December have had their scheduled reductions deferred for another month until March. They will also be eligible to continue on the scheme until the end of May.

According to figures released by Revenue last week, there were 229,800 employees still receiving EWSS payments in January 2022.

This compares to 279,800 in December last year, and 283,700 in November.

In January 2022, there were 18,900 employers were in receipt of support.

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