Revenue to start employer compliance review for TWSS scheme

Revenue to start employer compliance review for TWSS scheme

25/06/2020
Revenue to start employer compliance review for TWSS scheme

Revenue will shortly be contacting all employers availing of the Temporary Wage Subsidy scheme to confirm that the scheme is operating correctly and to seek certain documentary evidence to establish that:

  • They meet the eligibility criteria;
  • Employees are receiving the correct amount of subsidy; and
  • The subsidy amount is being correctly recorded in employee payslips.

The compliance check programme will also address any identified issues in respect of the operation of Real Time Reporting within the PAYE system by employers over 2019 and 2020. Revenue will also provide an opportunity for employers to address any other outstanding tax issues. This will be of importance to employers who may intend to avail of the 'debt warehousing' scheme for employer PAYE and VAT liabilities incurred during the pandemic period as up-to-date compliance will be a pre-requisite in order to avail of that scheme.   

Letters will issue to employers and their agents, where relevant, mainly through their ROS inbox. The programme is expected to last for several months. Revenue has stated that it is essential that employers respond promptly as failure to do so may lead to suspension of future payments.

Please contact your team at Crowe for any further assistance.

Contact us:

Grayson Buckley, Partner, Tax - Crowe Ireland
Grayson Buckley
Partner, Tax
Cormac Doyle Crowe Ireland Tax Partner
Cormac Doyle
Partner, Tax
John Byrne, Partner, Tax - Crowe Ireland
John Byrne
Partner, Tax
Lisa Kinsella, Partner, Tax - Crowe Ireland
Lisa Kinsella
Partner, Tax