This web based helpline has been set up by Walfrid Private to provide information on how to survive the financial bombshell caused by COVID-19.

Income Support Scheme

An eligible employer will be supported up to 70% of an employee’s take home income up to a maximum weekly tax free payment of €410 (that is, 70% of take home weekly income of €38,000 per anuum).

The scheme will provide support on incomes up to €76,000 or twice average earnings. It will be capped at net €350 for incomes between €38,000 and €76,000.

The employer is expected to make best efforts to maintain as close to 100% of normal income as possible for the subsidised period.

Find out more on the link below.

This is a free resource. It does not constitute financial advice and Walfrid Private will not be held responsible for any distortions and/or amendments to any content.