As we are coming to the end of the calendar year, we would like to thank you for your business during the year and the trust you have placed within our firm across all departments.

It has been a challenging year for many people and businesses, resilience and energy levels have been tested. We believe the State Supports have been important and essential to businesses and the wider community, for many they have been generous and well received. We have assisted our clients where possible to maximise the supports in a manner that was compliant and likely to minimise risk. We would like to specifically draw your attention to the EWSS in this email.

Finance Bill 2020 has been amended at the Committee Stage to provide for a change in the eligibility for EWSS.

From 1st January 2021, eligible employers must demonstrate a 30% reduction in turnover or customer orders between 1st January 2021 and 30th June 2021 compared to the same period in 2019 and the disruption is caused by Covid-19. Where the business commenced trading between 1st January 2019 and 1st May 2019, the reduction in turnover will be compared to the period from the date of commencement to 30th June 2019.

In summary, the reduction in turnover will be compared to:
• The same period in 2019 (i.e. 1st January 2019 to 30th June 2019) where the business was in existence prior to 1st January 2019,
• The date of commencement to 30th June 2019, where the business commenced trading between 1st January 2019 and 1st May 2019, or
• The projected turnover or orders for 1st January 2021 to 30th June 2021 where the business commenced after 1st May 2019.

Planning for 2021

Payroll has become a critical part of the efficient operation of most businesses, it represents the most significant cost for the majority of businesses. Securing the right employees, remunerating them at the correct rate and adhering to the much increased compliance procedures is critical.

We have a strong and effective Payroll Bureau, with experienced and full time resources dedicated to that service. In addition to the weekly/monthly processing of wages and salaries, we provide support and guidance on all matters relating to payroll. We have experienced a significant increase in the number of our clients that have outsourced the payroll function and feedback has been very good. For any of you that are under resource pressure on the administration front we strongly recommend you consider outsourcing this role.

Finally our offices will close for the Christmas and New Year break on Friday the 18th December and will reopen on the 4th January 2021. If there are any outstanding matters to be dealt with please contact us as soon as possible.

Season’s Greetings and Best Wishes for the New Year.

David Walsh
Managing Partner