16,000 employers do not meet tax criteria for new government wage support

Revenue collector-general Joe Howley said employers must demonstrate their business will experience a 30% reduction in business due to Covid-19 to qualify. File Picture.

Around 16,000 employers do not currently have the necessary tax clearance to move onto the government's new wage subsidy scheme, which is effective from September 1.

The Employment Wage Subsidy Scheme (EWSS) will replace the Temporary Wage Subsidy Scheme (TWSS) in two weeks. Revenue has urged businesses to apply for the tax clearance, which many will not even be aware is needed.