Paschal Donohoe business politics Paschal Donohoe

Thousands of employers repay wage subsidies to Revenue as finances improve

Reading now: 407
www.rte.ie

The Minister for Finance has strongly encouraged businesses who availed of the Covid-19 wage subsidy schemes, but subsequently had a strong financial year, to consider their positions.

Paschal Donohoe said some companies which had performed well after they received the payments had ultimately decided that the State support was not required by them and returned what they had received to Revenue.

He said 402 employers had repaid the subsidies that they had received in full, to the value of €52m, while 3,331 employers had made partial repayments totalling €54m.

Mr Donohoe made the comments at the Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach while taking questions about the operation of the Employmnent Wages Subsidy Scheme (EWSS) and its precursor, the Temporary Wage Subsidy Scheme (TWSS).

Read more on rte.ie
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

8-year-old Kidnap victim found and handed over to authorities - newsfirst.lk - Sri Lanka
newsfirst.lk
66%
863
8-year-old Kidnap victim found and handed over to authorities
COLOMBO (News 1st); The 8-year-old boy who was kidnapped from Horana was found on Thursday (17) evening and was handed over to the Horana Police HQI, said Sri Lanka Police.A police operation was launched on Thursday (17) afternoon after the boy was abducted by his own father.The man who abducted his own son from Horana was shot dead in a shootout with police on Thursday (17) afternoon.Sri Lanka Police announced that the man who was gunned down during a shootout with the Police Special Task Force was identified as Neelanka Sandaruwan alias Neela.Sri Lanka Police said the suspect had abducted his 8-year-old son from his mothers’ residence in Horana., after firing several rounds into the air.Police Spokesperson Attorney-at-Law Nihal Thalduwa speaking to News 1st said police officers received a tip-off that the man was in hiding in Walpita, Anguruwatota.Sri Lanka Police had launched a search operation to locate the kidnapper and based on the investigation police officers had surrounded a house in Wellapitiya, Horana.According to Sri Lanka Police, the suspect had opened fire at the officers.Police Officers then immediately called in the support of the Police Special Task Force.The STF’s Motor Cycle Attack squad Quick Reaction Team reached the location and they too were fired upon by the suspect, said Sri Lanka Police adding the STF personnel then returned fire, eventually killing the suspect.A T-56 Assault Rifle and several bullets that were in the possession of the suspect were seized from the crime scene.However, the suspect’s son was not at the house where the shooting took place, said the Police Spokesperson, adding a special operation is underway to locate him.The suspect had recently attacked his wife using a sharp
Hambantota port responds to fire onboard Drill Ship ‘West Polaris’ - newsfirst.lk
newsfirst.lk
39%
876
Hambantota port responds to fire onboard Drill Ship ‘West Polaris’
Hambantota (News 1st); The Hambantota International Port Emergency Response Unit (ERU) together with the port’s Quality, Health, Safety & Environment Dept. (QHSE), and Port Control, responded to a fire that occurred onboard the drillship “West Polaris,” on Tuesday, 15th evening.The ship’s crew had alerted Port Control for assistance in dousing the sudden fire that had broken out in the ship’s emergency generator room.The ERU’s fire trucks arrived on the scene within minutes of being notified, assisting the crew to quickly contain the fire with charged fire hoses. The respective ERU teams brought the fire fully under control within 33 minutes of their arrival. They were able to prevent serious damage to the ship, or its surrounding area.“The joint effort of this venture reflects professionalism and assurance to HIP port users and stakeholders of optimum safety and proactive response to unforeseen events related in maritime operations,” said Tissa Wickramasinghe, COO of HIPG.The 14-year-old “West Polaris” called at the Hambantota Port for a layup on 11th January 2021, and was at Berth 6 when the fire occurred. The ship is expected to remain in port until June 2022.What is vessel Lay-Up?The term ‘Laid-up’ or ‘Lay-up’ of ships technically means ships that have temporarily been taken out of profitable service due to lack of charter or cargo.Sometimes, an increase in the freight costs becomes insufficient to cover the ships’ running costs.
DMCA