The Cabinet sub-committee on economic recovery will discuss plans to extend the Covid-19 wage subsidy scheme. They will also discuss the July stimulus package, which will include about €1 billion of measures for small businesses.
Nearly 400,000 employees are having their wages topped up by the wage subsidy scheme, which is due to end in late August. Over 65,000 employers have registered with Revenue for the scheme.
Minister of State for Trade Promotion said the scheme will be enhanced and extended, as the Covid-19 crisis isn’t over yet. The minister stated that people who are seasonal employees can avail of the scheme and to ensure that as businesses and turnovers improve, that the wage subsidy is tapered off.