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Wage support rates to be reduced further from today

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Subsidy rates for the Government's Employee Wage Subsidy Scheme (EWSS) are to be cut further from today. The changes will mean that all rates will be reduced to €100 per employee from now until 30 April.

At that point the EWSS will end completely. However, those businesses who were directly impacted by the restrictions announced by the Government on 20 December will see their rates cut to €203.

The only exception to this is for employees in the €151.50 to €202.99 weekly wage bracket who will have their subsidy cut to €151.50.

Also today, the full rate of employer’s PRSI will be reinstated for all businesses. Until now, a reduced rate of employer’s PRSI of 0.5% had applied to wages eligible for the subsidy.

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