COVID-19: Temporary Wage Subsidy Scheme now in Operational Phase

May 05, 2020

The scheme moved to the operational phase, yesterday, 4 May.  This phase applies to any scheme submissions on or after this date.  Under the operational phase, the subsidy paid to employers will be based on each individual employee’s Average Revenue Net Weekly Pay (ARNWP) and the gross pay as reported by the employer in the payroll submission, subject to the maximum weekly tax-free amounts. Revenue will calculate the Employee’s Average Revenue Net Weekly Pay (ARNWP) and provide this to the Employer in the Employer CSV file.  Revised subsidy rates and measures for the scheme also came into effect from 4 May. 

Revenue’s FAQs (version 9) cover the details on the operational phase of the scheme.  While Revenue will calculate the ARNWP under this phase it is important to note that employees rehired after 1 May 2020 will not be included in the 4 May 2020 Employer CSV file. According to the Revenue’s FAQs (2.8) Revenue are investigating options to facilitate the inclusion of such rehires at a future date. Until then, J9 submissions for employees rehired after 1 May 2020 will be processed but rejected for refunding. It is our expectation, that at a future date, Revenue will reprocess all the submissions received from the employee’s rehire date and refund where appropriate. 

Revenue has also developed a Sample Subsidy Calculator in excel format which may help to demonstrate how an employee's subsidy can be calculated during the Operational Phase. A sample CVS File and an Employer CSV Description are also available now on the Revenue website.

We continue to obtain timely clarifications from Revenue on the scheme. As we receive relevant updates, we are advising all members via the appropriate channels. Please check in regularly on the COVID-19 Hub on the for latest updates.

A recording of the TWSS webinar hosted on 29 April with representatives from the Institute, Revenue and Grant Thornton is available to watch on our dedicated webpage.  The accompanying slides are also available to download.