Government supports – update 25TH March 2020
The government has announced a National COVID-19 Income Support Scheme. This will provide financial support to Irish workers and businesses affected by the crisis.
COVID -19 Wage Subsidy Scheme
The COVID-19 Wage Subsidy is a scheme (replacing the Employer Refund Scheme) which allow employers to pay their employees during the current pandemic. Employers will be refunded up to 70 percent of an employee's wages - up to a level of €410.
- The employer is expected to make their best efforts to maintain as close to 100% of normal income as possible for the subsidised period.
- This payment replaces the Department of Employment Affairs and Social Protection's Employer Refund Scheme announced on 15th March, and any business that received refunds under the current scheme do not need to reapply.
- Revenue will contact them directly to confirm that they meet the conditions for this new scheme.
How to qualify
If you are an employer who can show that you have lost at least 25 percent of your trade - you will be able to claim 70 percent of your employees net wage back (up to a maximum of €410). The government encourages you to top-up your employees' wages to maintain them at their current level of earnings.
If you are self-employed you should apply for the COVID-19 Pandemic Unemployment Payment.
Rate of payment
Employers will be refunded up to 70 percent of the amount they pay each employee up to a maximum level of €410. Wherever possible, employers are asked to top their employees’ wages.
Employers should apply on the Revenue site and more information is available by clicking the button below
COVID -19 Pandemic Unemployment Payment
The COVID-19 Pandemic Unemployment Payment is a payment of €350 per week. It is available to all employees and the self-employed who have lost their job due to the COVID-19 (Coronavirus) pandemic.
The COVID-19 Pandemic Unemployment Payment will be in place for the duration of the crisis.
If you have been temporarily placed on a shorter working week, you may qualify for Short Time Work Support.
How to qualify
You can apply for the new COVID-19 Pandemic Unemployment Payment if you:
- are an employee or self-employed
- are aged between 18 and 66 years old
- live in the Republic of Ireland
- have lost your job due to the COVID-19 (Coronavirus) pandemic
- have ceased trading due to the pandemic if you are self-employed
The payment also applies to
- non EU/EEA workers who have lost employment due to the COVID-19 (Coronavirus) pandemic
- students (and non-EU/EEA students) who have lost employment due to the COVID-19 (Coronavirus) pandemic
- part-time workers
Rate of payment
The COVID-19 Pandemic Unemployment Payment is paid at a flat rate of €350 per week for the duration of the pandemic emergency. It was originally set at a rate of €203 but it was increased by government on March 24.
If you have already applied before the 24th of March or are already in receipt of the Pandemic Unemployment Payment you do not need to do anything. Your next payment will be paid at the increased rate.
Payment is made by electronic transfer only (into your bank account) and only into accounts held in Irish financial institutions. It will be paid in to your bank account every Tuesday once your application is processed.
If you were working and were also in receipt of any social welfare payment such as a Carers Payment, Working Family Payment (WFP) or One-Parent Family Payment, you can, provided you have lost your job due to COVID-19, also claim the COVID-19 emergency payment, in addition to retaining your existing welfare payment. The COVID-19 Payment Unemployment Payment will replace your employment income and will be regarded by the Department as equivalent to employment income.
If you have one adult and one or more dependent children you should claim a Jobseeker's Payment instead of the COVID-19 Pandemic Payment.
This is because you can claim an additional allowance for your adult dependant and child dependants, which will bring your weekly payment to in excess of the €350 weekly payment due under the emergency COVID-19 Pandemic Unemployment Payment.
The quickest and easiest way to apply for the emergency Covid-19 payment is by applying online at mywelfare.ie.
All you need is your email to set up a basic MyGovID account which then allows you to apply online.
Employees of businesses that need to reduce hours or days worked can avail of the Department of Employment Affairs and Social Protection Short-time Work Support
Apply by post
Send the completed application form by Freepost to:
Freepost, PO Box 12896, Dublin 1