Home News Business Laois Chamber CEO welcomes extension of the Employment Wage Subsidy Scheme

Laois Chamber CEO welcomes extension of the Employment Wage Subsidy Scheme

Caroline Hoffman Laois Chamber

Earlier this week, it was announced that there will be no change to the Employment Wage Subsidy Scheme (EWSS) for the month of October 2021.

This means that the EWSS will continue to operate in its current form during October 2021, so that the main eligibility requirement is a 30% decrease in turnover or customer orders in the full year 2021 compared to the full year 2019.

The enhanced rates of support and the reduced rate of Employers’ PRSI will continue to apply for the month of October 2021.

Speaking about this announcement, CEO of Laois Chamber, Caroline Hofman said: “I welcome the extension of the Employment Wage Subsidy Scheme (EWSS) in its current form for the month of October.

“However, a decision has yet to be made for how the EWSS will operate for the remainder of 2021 and beyond into 2022.

“We need to ensure that the most vulnerable sectors and businesses most impacted by the Covid-19 pandemic continue to be supported.

“I have lobbied extensively for the EWSS to be extended, as we cannot risk businesses facing a cliff edge in terms of supports.

“I understand that the Department of Finance are currently looking at options for the EWSS and other supports, to be announced in Budget 2022.”

The Tánaiste, Leo Varadkar, has also strongly indicated that measures will be included in the upcoming Budget 2022 to promote remote working.

Speaking about this, Caroline added: “Another matter I have consistently raised since I commenced my role as CEO of Laois Chamber, is for the introduction of incentives and reliefs for remote workers.

“Remote working has so many benefits, including a better work-life balance and revitalising our towns and villages throughout Laois by increasing footfall and supporting local businesses.

“It is very positive to hear indications that tax incentives will be introduced in Budget 2022 for people working remotely.”

Along with CEOs from Chambers throughout the country and with Chambers Ireland, Caroline recently met with Ministers Paschal Donohoe, Michael McGrath and Ossian Smyth.

She said: “As part of the Chambers Ireland pre-Budget submission, I met virtually with Ministers Paschal Donohoe, Michael McGrath and Ossian Smyth on Monday 28th September.

“One of the key questions I asked the Ministers was in relation to the shortage of workers and what measures Government are taking to tackle this.

“It is a very real and current issue, and is of great concern. I am acutely aware of the tremendous difficulties some sectors are having for the recruitment of staff, and it is anticipated that the winding down of the PUP payment will address some of these shortages.”

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