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Real-time data indicates recovery slowed in August

2nd September 2020

The pace of the recovery of the Irish economy from Covid-19 restrictions slowed substantially in August. That’s according to stockbroker Davy which said the situation is indicted by real-time data for the month. In a note to investors, chief economist Conall MacCoille said the Government’s decision to delay the phase four re-opening of the economy […]

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Real-time data indicates recovery slowed in August

2nd September 2020

The pace of the recovery of the Irish economy from Covid-19 restrictions slowed substantially in August. That’s according to stockbroker Davy which said the situation is indicted by real-time data for the month. In a note to investors, chief economist Conall MacCoille said the Government’s decision to delay the phase four re-opening of the economy […]

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Revenue confirms 22,000 employers registered for Employment Wage Subsidy Scheme

2nd September 2020

As the new Employment Wage Subsidy Scheme goes live today, the Revenue Commissioners has confirmed that more than 22,100 employers have registered for the scheme.  To qualify for the scheme, employers must have tax clearance showing their taxes are in order. The Revenue Commissioners says there have been more than 16,800 applications for tax clearance since 17 […]

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Revenue confirms 22,000 employers registered for Employment Wage Subsidy Scheme

2nd September 2020

As the new Employment Wage Subsidy Scheme goes live today, the Revenue Commissioners has confirmed that more than 22,100 employers have registered for the scheme.  To qualify for the scheme, employers must have tax clearance showing their taxes are in order. The Revenue Commissioners says there have been more than 16,800 applications for tax clearance since 17 […]

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Certain directors can now claim employment wage subsidy

1st September 2020

Directors that control more than 15pc of a business can now claim the Employment Wage Subsidy Scheme (EWSS). This follows an update from the Minister for Finance, Paschal Donohoe. From tomorrow EWSS will replace the Temporary Wage Subsidy Scheme. The subsidy, which is based on an employees gross weekly wage, can be claimed by directors […]

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Certain directors can now claim employment wage subsidy

1st September 2020

Directors that control more than 15pc of a business can now claim the Employment Wage Subsidy Scheme (EWSS). This follows an update from the Minister for Finance, Paschal Donohoe. From tomorrow EWSS will replace the Temporary Wage Subsidy Scheme. The subsidy, which is based on an employees gross weekly wage, can be claimed by directors […]

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Rebound in manufacturing slows amid weaker demand

1st September 2020

Manufacturing activity kept growing last month but at a slower pace than in July amid weakening demand and resumed job cuts. The monthly purchasing managers’ index (PMI) produced by IHS Markit for AIB found that business conditions for manufacturers “continued to improve in August but the recovery lost momentum”. The headline PMI score declined from […]

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Rebound in manufacturing slows amid weaker demand

1st September 2020

Manufacturing activity kept growing last month but at a slower pace than in July amid weakening demand and resumed job cuts. The monthly purchasing managers’ index (PMI) produced by IHS Markit for AIB found that business conditions for manufacturers “continued to improve in August but the recovery lost momentum”. The headline PMI score declined from […]

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New Government wage support scheme comes into effect

1st September 2020

The Government’s new Employment Wage Subsidy Scheme came into effect at midnight, and will continue to provide payroll support until the end of March 2021. It will replace the current Temporary Wage Subsidy Scheme, which is underpinning the wages of almost 370,000 employees. The TWSS, which was launched last March, assisted many businesses to survive […]

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New Government wage support scheme comes into effect

1st September 2020

The Government’s new Employment Wage Subsidy Scheme came into effect at midnight, and will continue to provide payroll support until the end of March 2021. It will replace the current Temporary Wage Subsidy Scheme, which is underpinning the wages of almost 370,000 employees. The TWSS, which was launched last March, assisted many businesses to survive […]

Read More