Friday, 27 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
Will the Minister give some assurance with regard to the concerns about the operation of the wage subsidy scheme expressed by Ms Michele O'Boyle, president of the Law Society, on behalf of practising solicitors, by Richard Grogan, an eminent employment law specialist, and by insolvency lawyers? I apologise if he has already done so. I hope he will tell me if he has. These concerns centre on two simple points. Their concern is that a company would have to declare itself insolvent. This is an interpretation allowed or directed by the legislation. Another concern is that the definition of turnover is unworkable or unsatisfactory. Mr. Grogan also raised the point that the wage that might be paid by an employer as a top-up may not be deductible as an expense for the purposes of corporation tax returns in the same way as wages normally are.I am sure the Minister is aware of the concerns that have been raised. Perhaps he would clarify it.