Revenue update on changes to EWSS subsidy rates

On December 9th 2021 the Minister for Finance, Paschal Donohoe, announced that the enhanced rates of subsidy provided for under the Employment Wage Subsidy Scheme (EWSS) will be reinstated for December 2021 and January 2022.

The revised rates are as follows:

 Weekly Pay 1st Dec – 31st Jan
(Enhanced rates)
1st Feb – 28th Feb
(Reduced Rates)
1st Mar – 30th April
(Flat Rate)
 Less than €151.50 €0 €0 €0
 €151.50 – €202.99 €203 €151.50 €100
 €203 – €299.99 €250 €203 €100
 €300 – €399.99 €300 €203 €100
 €400 – €1,462 €350 €203 €100
 Over €1,462 €0 €0 €0
 Employer’s PRSI 0.5% 0.5% TBC

Employers who have already submitted eligible EWSS payroll submissions in respect of December 2021, some of whom may have already received a subsidy payment calculated at a lower subsidy rate, do not need to take any action or make any amendments.

Revenue confirmed that, during the course of next week, it will identify the relevant payroll submissions, revise the calculation of subsidy due having regard to the enhanced rates outlined above, and process additional subsidy payments to the relevant employers shortly thereafter.

However, Revenue reminded employers that there is still a requirement to submit a timely monthly EWSS Eligibility Review Form (ERF) to ensure continued access to support under the scheme.

November’s EWSS ERF is due by 15 December 2021 and December’s EWSS ERF is due by 15 January 2022.

We hope that this information has been useful for you and as always, please don’t hesitate to contact us here at EcovisDCA where we remain open and ready to help.