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The income advanced the date of payment of the supports of the Worker Wage Subsidy Plan to eligible employers.
EWSS payments regarding September payroll filings, which were due to take place as soon as possible after October 14, will now be paid into designated bank accounts of eligible employers as of this Friday morning, October 9.
The income also confirmed that all future EWSS monthly payments due to eligible employers will be made as soon as possible after the fifth day of the following month. The expedited payment date is aligned with the availability of the ‘Employer’s PAYE Return Shipping Statement’, which is made available to employers on the Revenue Online Service, ROS, by the fifth of the following month.
Orla Fitzpatrick, head of the Revenue Medium Business Division and responsible for implementing the EWSS, said Revenue recognizes that this is an extremely challenging time for businesses and employers.
“The EWSS advance payment date continues Revenue’s approach to supporting businesses during the current crisis,” he said. “The EWSS payments due in respect of the September payroll filings are currently being processed and we provisionally expect payments of just under € 250 million to be paid to 31,700 employers in respect of 335,000 employees. I hope these payments are in the pipeline. Designated bank accounts of the most eligible employers for this Friday, October 9 in the morning.In addition, we will credit the monthly obligations of the employer PRSI at approximately 60 million euros to account for the reduced PRSI rate that is applied to the wages that are eligible for the EWSS. “
“Today’s announcement also noted that subsequent monthly EWSS payments will be processed as soon as possible after the fifth day of the following month. With this in mind, it is very important that employers make correct and timely payroll filings, as now only they will have the opportunity to make the necessary corrections before the subsidy is paid instead of until the date of filing the payroll statement on the 14th of the month. “
Finance Minister Paschal Donohoe welcomed Revenue’s statement confirming that the monthly date for payments to employers under the EWSS was advanced.
“The objective of the EWSS is to support viable companies and promote employment and for this it is an important bridge between Social Welfare payments such as the Pandemic Unemployment Pay and regular employment, which is the final objective,” said the Minister.
“As a result, the effectiveness of government supports is linked not only to the level of acceptance of EWSS by employers, but also to the number of people who depend on the PUP, which I would observe has remained stable during the month of September. EWSS has gone live. “
More than 37,900 employers are now registered with Income for EWSS. Employers who meet the qualification criteria can register for the program at any stage through ROS. Since EWSS applications cannot be dated earlier, it is critical that employers register with the plan prior to the first pay date for which the grant is being requested.
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