Over 45,100 employers registered for wage subsidy scheme
There are over 45,100 employers registered with Revenue for the Covid-19 Temporary Wage Subsidy Scheme, according to the latest figures from Revenue.
Over 30,800 employers have already received subsidy payments under the scheme, and over 281,200 employees have already received at least one payment.
Today, Revenue has generated further subsidy payments under the scheme worth €34 million. These payment will be in the bank accounts of the majority of the respective employers by the next banking day.
The cumulative value of payments made under the scheme is €300 million, which includes €26 million in income tax paid that has been refunded over the same time.
Small and medium sized enterprises represent 83% of businesses whose employees are availing of the payment. Dublin has the largest share of employers availing of the scheme (28%), followed by Cork (11%), Galway (5.6%) and Kildare (5.2%).
More than 25% of employees availing of the payment work in the wholesale and retail sector, followed by manufacturing (15.6%), accommodation and food services (12.9%) and construction (12.3%).
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