The scheme is expected to last for 12 weeks and will be
available to employers who keep employees on payroll during the
pandemic. It is thus a potentially vital subsidy for businesses
experiencing short term financial difficulty as a result of the
pandemic.
The scheme is provided for under the Emergency Measures in the
Public Interest (Covid-19) Bill 2020.
Details of the Scheme
- The scheme replaces the COVID-19 Employer Refund scheme which
was applicable from 15 March 2020.
- Phase 1 is intended to be a short, transitional phase during
which employers will be refunded up to a maximum of €410 for
each qualifying employee from 26 March 2020.
- Phase 2 which will commence no later than 20 April 2020, will
be a subsidy payment where employers will be refunded based on the
employee's average net weekly pay as follows:
