As I understand it the test relates to Q2 only. Thats for the TWSS and new scheme the EWSS is coming soon.What happens if a company experiences a reduction in turnover of 25% in Q3?
Can they apply for the Temporary Wage Subsidy Scheme?
Question; A company serves a few different sectors, with employees supporting those specific sectors. Overall is still doing okay, down 10% in total, but business in one sector had collapsed. Can this support be applied for in order to retain those staff?
Have you any link etc to back that up?I believe that a company in this position can apply for the TWSS, for those employees in the affected sector.
Have you any link etc to back that up?
I hope you are right!
Thanks, in this case it’s not a formal division.The 25% reduction in turnover or customer orders may be applied at the level of the company or, if a company is formally structured into individual Business Divisions, at the level of the individual Business Division. In such a case, each of the Business Divisions of such a company, which has suffered a significant decline in turnover or customer orders as a result of the COVID-19 Pandemic, may be eligible for the subsidy.
From here
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