The Minister for Finance, Paschal Donohoe TD, has encouraged employers to register for the EWSS, which will replace the TWSS tomorrow. The EWSS is an economy-wide support open to all sectors, which the Minister described as “simple to qualify for, straightforward to operate and broad in its availability”.
Commenting on the introduction of the EWSS, the Minister for Finance said:
“The EWSS is the centrepiece of the Government’s July Jobs Stimulus and I would like to encourage all employers and businesses who believe that they will continue to experience a significant decline in their level of turnover or customer orders as a result of the pandemic to avail of it.
“The EWSS has been designed with the needs of employers and businesses at its heart and is simple to qualify for, straightforward to operate and broad in its availability.
“Furthermore, employers will continue to pay PRSI at the very significantly reduced rate of 0.5% for jobs that are supported by the subsidy.
“The EWSS is intended to provide employers and businesses with a high degree of certainty that this Government will continue to support them through the uncertain period ahead for the economy and put them in a position to retain key staff end ensure viability so that they are in a strong position as the economy recovers.”
Further details on these comments and the operation of the EWSS can be found in the Department of Finance press release.