No lump-sum tax build-up with new wage subsidy scheme, says Paschal Donohoe

No lump-sum tax build-up with new wage subsidy scheme, says Paschal Donohoe
Minister for Finance Paschal Donohoe

Any tax liability for Ireland’s new wage subsidy scheme will be handled at source, meaning that employees will not build up a lump sum bill which then falls due at a later date.

That was a key message delivered by Minister for Finance Paschal Donohoe at a press briefing to remind employers of the new Employment Wage Subsidy Scheme (EWSS), which is due to kick in from September 1 and which will see the Government subsidising some workers’ income well into 2021.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited