Latest COVID-19 support scheme statistics, 18 October

Revenue’s latest COVID-19 support scheme statistics include information on the Employment Wage Subsidy Scheme (EWSS), the Business Resumption Support Scheme (BRSS), the Covid Restrictions Support Scheme (CRSS), temporary acceleration of loss relief and the debt warehousing scheme. The latest statistics show that the EWSS has cost almost €6 billion to date and €2.7 billion of tax debts are warehoused.

Employment Wage Subsidy Scheme

There are 36,600 employers currently registered with Revenue for EWSS. This excludes 18,800 employers who were previously registered.

During October to date, €99.9 million EWSS payments have been paid to 18,300 employers, supporting 204,400 employments. The total cost of the EWSS to date amounts to €5.9 billion.

The current rates of subsidy payable under the EWSS will continue to end November 2021, with new rates taking effect for December 2021 to February 2022 and for March to April 2022.

Business Resumption Support Scheme

Registration for the BRSS opened on 6 September 2021. So far, 1,150 businesses with 1,240 trades have availed of BRSS and claims of €3.6 million have paid under the scheme. Applications under the scheme must be made no later than 30 November.

Covid Restrictions Support Scheme

Just 610 businesses with 830 premises remain registered with Revenue for the CRSS. 17,300 premises have claimed restart week payments and are now trading without the support of the CRSS. The total amount claimed under the scheme is €703 million.

Temporary acceleration of loss relief

Companies

To the end of September 2021 €475 million is losses incurred in 2020 have been carried back against 2019 profits by 261 companies at a tax cost of €59.6 million. Information on claims in respect of 2020 profits (2021 losses carried back) is not yet available.

Self-employed individuals

To the end of September 2021, €4 million of relief for losses and capital allowances from 2020 and 2021 has been carried back to 2019 by 359 self-employed individuals.

Debt warehousing

There are 93,000 individual businesses are availing of Debt Warehousing. This includes 2,700 Large Cases and Medium Enterprises Divisions taxpayers. The breakdown of warehoused liabilities is as follows: