Support for you and your business in tough times
COVID-19 has been extremely challenging for many businesses. To help you navigate the crisis, we’ve collated these resources, feel free to contact us for further support or information.
The government is currently offering two support schemes:
Scheme 1 - Pandemic Unemployment Payment
Employee is temporarily laid off and gets €350 per week from the Department of Social Protection – employee comes off the payroll.
Scheme 2 - Temporary Covid-19 Wage Subsidy Scheme
Employer keeps the employee on the payroll and claims a wage subsidy.
For more information on both these schemes, please see the articles below.
Articles
All the updates, as we get them.
Video
We ran a webinar with 2 other local firms to explain the temporary wage subsidy and answer business owners questions. You can find the recording below.
Video
How should you treat an employee that you re-hire who had been temporarily laid off and was claiming the Pandemic Unemployment Payment?
Resources
Guidance and templates. Free to download.
Temporary Wage Subsidy Scheme - Decision Tree
This is a brief decision tree to follow when determining the rates of subsidy for employees when claiming the TWSS. This is for the operational phase applicable from 4 May 2020.
Road to Recovery
In this article, published in Accountancy Ireland, Ger outlines some of the key short-term and long-terms steps to help a business recover
Cash Flow Forecast Template
An excel template to help keep a close eye on your cash flow during the crisis.
Break-even Excel Template
An excel template that helps you determine what the weekly level of break-even sales your business needs.
Employer Eligibility Guidance PDF
Scheme 2 – Updated guidance for employers around eligibility criteria and information where employers have existing reserves.
Operation of the Wage Subsidy Scheme Guidance PDF
Scheme 2 – note that more and more guidance is being issued on this – This is the most recent update - version 16
Guidance on Extension of Wage Subsidy Scheme
This is a link to Revenue guidance that has issued in relation to the extension of the TWSS including eligibility
Guidance for employees who are in receipt of a temporary wage subsidy payment
For employees whose employer is availing of the Temporary wage subsidy scheme due to a reduction in business - v5
Pandemic Unemployment Claim Form
Scheme 1 – government preference is that this is applied for online – see link below
COVID-19 Subsidy Scheme Declaration
Declaration that the employer has to make to Revenue when opting in to avail of the subsidy scheme – Scheme 2
Local Enterprise Office Supports
List of available vouchers, loans and other supports available to small businesses
Business Supports Available
A government prepared booklet which details the key supports and resources available to help businesses impacted by COVID-19.
Revenue Warehousing of Tax Debt
Find out what Tax debts can be deferred, the timeframe and any interest charges involved
Restarting your business Grant
Find out about the grant available from the local council that can help you restart your business
Further support
If you’d like further support or have questions about anything not covered in this page feel free to contact us.
We understand that not many people are making big decisions right now, however if you’d like to explore what kind of support might be available to you when this is all over, we’d love to hear from you. Just fill in the form below.