Dáil debates

Thursday, 26 March 2020

An Bille um Bearta Éigeandála ar mhaithe le Leas an Phobail (Covid-19), 2020: Céim an Choiste agus na Céimeanna a bheidh Fágtha - Emergency Measures in the Public Interest (Covid-19) Bill 2020: Committee and Remaining Stages

 

1:00 am

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I thank all of the Deputies. The answer to Deputy O'Gorman is "Yes". Regarding what Deputy O'Donnell asked, we expect that the detailed guidance for the scheme will be published by the Revenue Commissioners in the coming days. It will build on what has been published this evening. On the questions put to me by Deputy Michael McGrath concerning the publication of names, the reason the legislation will be indicating whether the names of companies should be published is that we want to ensure the subsidy being made available is passed on in full to the employee. This is a massive intervention by the State. The whole purpose is to say that supporting the income of a worker will allow a job to be kept. It is my view that one of the clearest ways we can do that is by indicating to employees of companies that their company is on the scheme and that the subsidy the taxpayer is making available should, therefore, be fully reflected in their salaries, in their wallets and purses.

Companies that emerge from the Covid-19 public health crisis we are going through, and I am confident the vast majority of Irish companies will do so, will have shown themselves to have withstood a far greater competitive pressure than their names being published by the Revenue Commissioners for looking for support from the Irish taxpayer to keep people in work.

On how the decline in turnover will be measured, the Revenue Commissioners will define what the base period would be. A likely base period would be based on how a company's turnover compared with the same period a year previous. It will be open to the Revenue Commissioners to work with companies to determine this each day.

On the other questions and details that have been put to me, I will either handle them directly with Deputies or the ones that are technical will be dealt with in the detailed guidance from the Revenue Commissioners.

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