Oireachtas Joint and Select Committees
Wednesday, 17 November 2021
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Impact of the Withdrawal of Covid-19 Measures on Business: Discussion
David Stanton (Cork East, Fine Gael) | Oireachtas source
The situation would put pressure on families as they may lose an income for a period. One of the things that repeatedly arises when I deal with small businesses is that the State supports are vital in keeping some of these companies and businesses in existence, and the supports have been really welcomed.
My next question is for Mr. Hughes. The employment wage subsidy scheme depends on a 30% reduction in turnover. Could that act as a disincentive for some companies to grow? In other words, if the 30% reduction is maintained, the employment wage subsidy scheme will continue. Should we consider ensuring the scheme tapers off? Was tapering ever examined rather than having a cliff edge of 30%?
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