More details announced today about this updated scheme
According to the Revenue guidance it appears that employers will receive a higher subsidy (up to €410) for lower paid workers as opposed to just €350 for higher paid workers
Am I reading this correct?
- a maximum of €410 per week where the average net weekly pay is less than or equal to €586
OR
- a maximum of €350 per week where the average net weekly pay is between €586 - €960
According to the legislation there is no subsidy at all where an employee usually earns more than €960 per week -https://data.oireachtas.ie/ie/oireachtas/bill/2020/4/eng/initiated/b0420d.pdf (page 29 sect 6(f))
so where an employers can't top up at all they will receive less subsidy for employees who usually earn a higher wage
That doesn't make sense unless I'm looking at this all wrong
According to the Revenue guidance it appears that employers will receive a higher subsidy (up to €410) for lower paid workers as opposed to just €350 for higher paid workers
Am I reading this correct?
- a maximum of €410 per week where the average net weekly pay is less than or equal to €586
OR
- a maximum of €350 per week where the average net weekly pay is between €586 - €960
According to the legislation there is no subsidy at all where an employee usually earns more than €960 per week -https://data.oireachtas.ie/ie/oireachtas/bill/2020/4/eng/initiated/b0420d.pdf (page 29 sect 6(f))
so where an employers can't top up at all they will receive less subsidy for employees who usually earn a higher wage
That doesn't make sense unless I'm looking at this all wrong