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); Final nail in the coffin for businesses : Revenue claw back of wage subsidy funding raised with Taoiseach
Those that fell short of their 25% loss estimation are being asked by Revenue to repay the wage subsidy. By Christina Finn Thursday 17 Dec 2020, 6:15 AM Dec 17th 2020, 6:15 AM 34,841 Views 14 Comments
Image: Shutterstock/fizkes
Image: Shutterstock/fizkes
CONCERNS HAVE BEEN raised over the Revenue Commissioners demanding a return of the temporary wage subsidy funding from businesses that over estimated their losses during the pandemic.
The scheme was available to employers from all sectors who predicted they would be down a minimum of 25% of their turnover because of the pandemic.