Oireachtas Joint and Select Committees
Thursday, 19 November 2020
Public Accounts Committee
2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 – Office of the Revenue Commissioners
Central Fund Related Accounts - Revenue Account 2019
11:30 am
Mr. Niall Cody:
Under the July stimulus package, the EWSS was the successor of the TWSS. It is based on integrating payments in the PAYE system's monthly cycle. The package was announced at a time when it seemed that the pandemic situation was improving for business. The system was built on a monthly arrangement. As the situation grew more difficult, we received the same complaints about cash flows. We moved to accelerate the process. Since 9 November, we are back to pushing out payments on receipt of payroll. We make EWSS payments every day. We have paid out €795 million under the EWSS. According to the most recent figure I saw, which was yesterday, €130 million or so was the payment in respect of the November payroll. The EWSS is now running on the same cycle as the TWSS did.
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