Disclaimer
Please note that while every effort has been made to ensure the accuracy of the information and detail included in this guide, it is subject to change and revision. Please consult Revenue / DEASP sources for detailed information on the operation of the scheme. The Revenue’s National Employer Helpline is +353 (01) 738 3638.
EMPLOYERS WHO ARE ELIGIBLE.
Must be severely impacted by the Covid 19 Outbreak such that it impairs their ability to pay wages and salaries in the normal way.
Must apply for the scheme and complete the required declaration. Go to ROS
Must be up to date in their Payroll Returns.
Must retain the employees on their Payroll.
EMPLOYEES WHO ARE ELIGIBLE TO HAVE THEIR WAGES / SALARIES SUPPLEMENTED UNDER THE SCHEME.
Must continue to be employed by the Employer – the same Employer Registration number.
Must have been paid by the Employer at least once during February and have been included in a PSR return to Revenue for that period by March 15th.
Employee must have a PPSN which was used in PSR returns to Revenue covering February and submitted to Revenue by March 15th.
Must have earned an average of less than €960.00 per week over the period January 1st to February 29th. The €960 figure relates to Average Revenue Net Weekly Pay (ARNWP) which is basically Revenue Gross Pay less (Income Tax + USC + EE PRSI) Deductions averaged over the Jan – Feb period.
Employees who previously earned more than €960 per week across Jan / Feb but who have a reduction in Pay of at least 20% AND who are now receiving €960 or less in total payments are eligible for the scheme as of April 16th. Total Payments are the sum of Subsidy and Employer Top Up amounts.
HOW THE SCHEME OPERATES.
The scheme will operate for a 12 week period from March 26th. After this 12 week period, the Scheme may be terminated, extended or amended.
The Scheme operates slightly differently depending on the Average Revenue Net Weekly Pay of the Employees and also whether the scheme is being applied before or after May 4th (previously was April 20th).
Transitional Phase – March 26th to May 3rd.
Between March 26th and May 3rd, the Employer must calculate the Average Revenue Net Weekly Pay for each Employee they are paying. From May 4th the ARNWP amount for each employee will be calculated by Revenue and communicated by them to each Employer. The period up to May 4th is to provide Revenue time to calculate and validate the amounts allowable for each employee and to communicate this detail to every employer.
Depending on the ARNWP amount of the employee, the employer can receive a wage subsidy payment to help fund payments to the employee.
Where the employee’s ARNWP is less than €586, the wage subsidy payment paid to the employer is the lower of €410 or 70% of the employee’s ARNWP amount. An employee with an ARNWP of €586 would get a wage subsidy payment of €410, while an employee with an ARNWP of €300 would receive a wage subsidy payment of €210 (70% of €300). Any additional Top up amounts paid by the employer could reduce the subsidy amounts paid – see below.
Where the employee’s ARNWP is greater than €586 and up to €960, the employer will be refunded a wage subsidy payment of up to €350 per week for the employee. This is less than 70% of the employee’s ARNWP but that is the amount that is subsidised.
No Income Tax, PRSI or USC will be applied to the wage subsidy amount paid to employees –
employees are to get the full figure.
Employers are encouraged to “top up” the employees’ wages by paying additional amounts necessary to bring the employees total gross payment for the period to an amount equal to their ARNWP amount. With an ARNWP of €750 and a maximum subsidy of €350, the employer is encouraged to top up the payment to the employee by €400. But be careful, if the employer pays the employee in this example, more than €400, the subsidy amount available will reduce such that the employee CANNOT receive more than their ARNWP (€700) while under the scheme.
The employee is expected to receive the full amount of whatever wage subsidy payment is made to the employer for them i.e. no deductions should be made from the wage subsidy payment for LPT, Health insurance, Tax Saver or any other deductions. In the latest revision of the scheme, deductions can be made from the Wage Subsidy amount but only with the express consent of the employee.
Employees previously earning more than €960 per week.
A revision to the scheme (April 16th) means that employees who previously had an ARNWP of more than €960 but have taken a cut in pay of 20% or more are now eligible for the scheme provided that their reduced pay (Total pay is Subsidy plus Top Up amount) is less than €960 per week.
Employees with a 20% – 40% reduction in pay are eligible for a subsidy of €205 provided that the sum of their Top up amount plus the subsidy is less than €960. In effect, this means the employee can receive no more than €755 from the employer and remain eligible.
For employees with a 40% or more reduction in pay, they are entitled to a subsidy of up to €350. Again, the sum of the Wages Top up plus the Subsidy cannot exceed €960, so the maximum Top up amount that can be paid is, in effect, €610 per week.
Operational Phase – from May 4th.
There are a number of differences between the Transitional and Operational phases of the scheme.
Transitional Phase | Operational Phase | |
---|---|---|
Effective Date | March 26th to May 3rd | May 4th to June 18th |
Calculation of ARNWP | Calculated by Employer | Provided by Revenue |
Maximum Subsidy allowed | ||
Employees ARNWP < €412 | 70% up to €410 | 85% up to €350 |
Employees ARNWP €412 – €500 | 70% up to €410 | €350 flat payment |
Employees ARNWP €500 – €586 | 70% up to €410 | 70% up to €410 |
Employees ARNWP €586 – €960 | Up to €350 | Up to €350 |
Employees ARNWP > €960 |
€350 where Pay reduced by €205 where Pay reduced by €0 where Pay reduced by less Prior to April 16th the Subsidy |
€350 where Pay reduced by 40% €205 where Pay reduced by 20% €0 where Pay reduced by |
The calculation of the Subsidies that can be claimed is pretty much the same as under the Transitional Phase. There are a few differences.
All Employees with an ARNWP of more than €586 will be treated in the same way. The absolute maximum that can be paid in total to any such employee is €960 per week. Above this amount, the employee is no longer eligible for the scheme.
For all employees who had an ARNWP of €586 or more, in order to obtain the maximum subsidy amount the maximum Top Up amount that can be paid by the employer is either
- Up to €610 provided that the Top up amount is no more than 60% of the employees ARNWP figure – the employee must have taken a pay cut of 40% or more.
- Up to €755 provided that the Top up amount is between 60% and 80% of the employees ARNWP figure – the employee must have taken a pay cut of 20% to 40%.
If the amount paid by the Employer, the Top up amount, is more than 80% of the employees ARNWP, then the employee is not eligible under the scheme and no subsidy is paid.
Employers are encouraged to top up the employees total payment up to the employees ARNWP figure. Any amount paid above this figure will result in a reduction in the Subsidy amount paid. No Employee can be paid mor than €960 per week in total and remain eligible for the scheme.
CAN THE EMPLOYER “TOP UP” THE EMPLOYEE’S WAGES?
Yes. But the employer can only top up the employee’s wages up to a maximum of the employee’s ARNWP less the wage subsidy received for the employee. So the employer can top up the employee’s wages to bring them up to the ARNWP figure but no more than this.
Any “top up” amounts paid by an employer to an employee will be subject to Income Tax, USC and PRSI at the applicable rates. If you, the employer, are paying a “top up” amount to the employee, then normal / standard deductions such as health care, tax saver etc can continue to be taken from the employee’s wages / salary – but the employee must at a minimum, get the full amount of their entitled wage subsidy amount as their net pay figure.
WHAT ABOUT OTHER REGULAR DEDUCTIONS SUCH AS HEALTH CARE AND TAX SAVER?
These should only be deducted if the employer is making a “top up” payment to the employee and where such “top up” payment fully covers those deducted amounts.
Such Deductions can be applied and taken form the subsidy amount with the express consent of the employee.
For the period of the Scheme it would make sense to ensure that all non-statutory deductions are set to zero and are not taken from the employee’s payment. The employee will likely have to repay any such amounts at a later date.
HOW WILL REVENUE KNOW WHICH EMPLOYEES ARE TO BE SUBSIDISED THROUGH THE SCHEME?
All employees, regardless of age, who are to be benefit from the wage subsidy scheme are highlighted to Revenue by having their PRSI Class changed to J9 in all related payroll calculations and PSR submissions to Revenue. A PRSI Class of J9 is how Revenue will know who is to be paid the wage subsidy.
ANYTHING ELSE?
Yes. The Scheme has been and continues to evolve. The details above are correct as of April 22nd but you should refer to Revenue for the latest details and conditions.
It is Revenue’s intention and aim to refund all monies due to employers (wage subsidies and refunds) within one to two working days of the PSR being returned to them for processing.
Any Employees in receipt of a wage subsidy under the scheme may get Income Tax or USC refunds. Such Refunds should be paid to those employees and those monies will be refunded by Revenue to the Employer. The idea of the wage subsidy scheme is to get cash to employees to enable them to maintain some minimum level of income through the period of the Covid-19 crisis.
Revenue and DEASP are reacting to the needs of Employers and Employees in order to get monies flowing as quickly and as fairly as possible. For employees with ARNWP earnings of less than €586, they are entitled to a wage subsidy of up to €410 or 70% of their ARNWP, whichever is the lesser amount. During the Transitional Phase of the scheme, Revenue will refund to the employer €410 each week for every employee – even those who would only be entitled to a lesser amount. However, Revenue expect the Employer only to pass on the correct wage subsidy amount. And Revenue will claim back the extra monies paid to employers when the process is more settled and things are more under control.
Different Payroll software applications will operate in different ways so how your payroll software should be set up to operate the wage subsidy scheme will vary. Contact us, or refer to our website, to understand what changes are needed in our EuroPay and PayDay applications.
OTHER USEFUL LINKS.
Temporary COVID-19 Wage Subsidy Scheme FAQs –
https://www.revenue.ie/en/employing-people/documents/pmod-topics/guidance-on-operation-of-temporary-covid-wage-subsidy-scheme.pdf
Revenue Guidance on Employer Eligibility and Supporting Proofs – https://www.revenue.ie/en/corporate/communications/documents/guidance-on-employer-eligibility-and-supporting-proofs.pdf
Setting Up Refund Bank Accounts in ROS –
https://www.revenue.ie/en/online-services/support/documents/ros-help/how-to-setup-and-update-an-eft-for-refunds.pdf
TWSS Scheme Outline –
https://www.revenue.ie/en/corporate/communications/covid19/temporary-covid-19-wage-subsidy-scheme.aspx
Minister’s Determination of the Operational Phase of TWSS Scheme – https://www.revenue.ie/en/corporate/press-office/letters/minister-of-finance-signed-letter-to-chairman-revenue-160420.pdf
Further information on this refund scheme is available at –
https://www.gov.ie/en/press-release/a6d8fa-government-announced-new-covid-19-income-support-scheme/
From Revenue at –
https://www.revenue.ie/en/corporate/communications/covid19/temporary-covid-19-wage-subsidy-scheme.aspx
Emergency Measures in the Public Interest (Covid-19) Bill 2020 –
https://data.oireachtas.ie/ie/oireachtas/bill/2020/4/eng/initiated/b0420d.pdf
Press Release issued on the evening of the 24th March 2020 –
https://www.gov.ie/en/press-release/a6d8fa-government-announced-new-covid-19-income-support-scheme/
Revenue eBrief 47/20 – Revenue to operate Temporary COVID-19 Wage Subsidy Scheme https://www.revenue.ie/en/tax-professionals/ebrief/2020/no-0472020.aspx
Revenue eBrief 48/20 – Temporary COVID-19 Wage Subsidy Scheme – Transitional Phase https://www.revenue.ie/en/tax-professionals/ebrief/2020/no-0482020.aspx
Revenue Hot Topics –
https://www.revenue.ie/en/employing-people/hot-topics/index.aspx
The Citizens Advice website has information on Covid-19 Payments, entitlements etc –
https://www.citizensinformation.ie/en/
Information with respect to working at home reliefs may be found at – https://www.revenue.ie/en/employing-people/employee-expenses/e-working-and-home-workers/index.aspx – The pdf (05-02-13) is on the right-hand side of the page – Example 4 Page 5
https://www.rte.ie/news/business/2020/0320/1124297-working-from-home-tax-relief/
Revenue eBrief number 45/2020 e-Working and Tax –
https://revenue.ie/en/tax-professionals/ebrief/2020/no-0452020.aspx
For employees wishing to apply directly to DEASP for the emergency COVID-19 payment, the application form is available at –
https://www.gov.ie/en/service/be74d3-covid-19-pandemic-unemployment-payment/