35,000 who had been receiving Pandemic Unemployment Payment returned to work last week

Assistant Secretary General at the Department of Taoiseach Liz Canavan said that while 579,000 people remain on the €350 per-week payment introduced at the beginning of the outbreak, 35,900 returned to work in the last week.
35,000 who had been receiving Pandemic Unemployment Payment returned to work last week

Some 35,000 people who had been receiving the Pandemic Unemployment Payment returned to work last week as the first phase of the country's plan to reopen its economy began.

Assistant Secretary General at the Department of Taoiseach Liz Canavan said that while 579,000 people remain on the €350 per-week payment introduced at the beginning of the outbreak, 35,900 returned to work in the last week.

The weekly cost of the scheme is around €202 million, Ms Canavan added. A further 482,000 employees are in receipt of the Temporary Wage Subsidy Scheme, with 56,000 employers taking advantage of the programme. The total cost of that scheme thus far has been €1.15 billion.

Ms Canavan said that the payment is a taxable source of income, though not at time of receipt. She said that Revenue will do an end of year assessment of every person in the country as normal and this may see some people having paid too little tax for the year. Ms Canavan that this would be repaid in "manageable amounts" with a lowering of tax credits.

Ms Canavan said that there had been "much speculation" about whether Ireland could either halve its social distancing requirements or move through the phased road map quicker than anticipated.

She said that such decisions were a "risk-based approach" and said that two metres physical distancing was NPHET advice and was there to save lives.

Ms Canavan added that any changes to the road map would be "slow and incremental", adding that "we cannot go too far, too fast".

more articles

Terms of reference for Ireland's Covid-19 inquiry ‘almost ready’ Terms of reference for Ireland's Covid-19 inquiry ‘almost ready’
Leo Varadkar still has ‘some’ texts from pandemic period Leo Varadkar still has ‘some’ texts from pandemic period
Taoiseach visit to the US Leo Varadkar still has ‘some’ texts from covid pandemic period

More in this section

The European Central Bank skyscraper in the city of  Frankfurt Main, Germany ECB firmly behind June rate cut but views diverge on July
Tesla cancels its long-promised inexpensive car Tesla cancels its long-promised inexpensive car
Net zero Profits plummet at battery-maker LG Energy amid EV slowdown
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited