- When running payroll, if the amount entered by the employer in gross pay is up to 60% of the employee’s previous average net weekly wage then the amount of the subsidy will be €350 per week
- If the amount entered in gross pay is more than 60% but not more than 80% of the employee’s previous average net weekly wage then the amount of the subsidy will be €205 per week
- If the amount entered in gross pay is more than 80% of the employee’s previous average net weekly wages then no subsidy will be payable
Date published 20 Apr 2020This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.
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