COVID-19: EMEIA Government Support Package - Ireland - 24 April 2020 - EY
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
COVID-19: EMEIA Government Support Package — Ireland 24 April 2020
2 COVID-19: EMEIA EY Government Support Package
The Irish Government has announced a suite of emergency measures to provide financial
support to Irish workers and companies affected by COVID-19. The measures focus on
supporting employment, providing cash flow support to businesses, and increasing welfare
support.
The measures can be grouped into six main areas which are being delivered via three
distinct channels.
Areas being addressed: These aims are primarily being delivered
through:
1. Providing liquidity through financing schemes
► The tax system (covering tax deferrals,
2. Helping employers to protect jobs
employment support, acceleration of refunds)
3. Business support through removal of fixed
► Business loan and grant schemes;
costs and provision of grants
► The social welfare (Pandemic Illness Benefit and
4. Cash-flow support, including tax deferrals
Pandemic Unemployment Benefit)
5. Administration, including filing extensions
6. Social welfare
COVID-19: EMEIA EY Government Support Package – Ireland
3 Irish Government responses
Liquidity and financing Cash flow measures Administration
Strategic Banking Corporation of Sustaining Enterprise Fund For small and medium sized Extension of certain tax filing
Ireland (SCBI) COVID-19 Working enterprises (SMEs) no interest on deadlines
Repayable advance up to €800K
Capital Scheme late payments for January/February
Suspension of surcharge for late
Annual administration fee of 4% and March/April Value added tax
Loans of €25K to €1.5m (first filing of corporation tax returns
(VAT) and February, March and
€500K unsecured). Maximum Aimed at firms with 10 or more
April PAYE (Employer’s) liabilities Suspension of debt enforcement
interest rate 4% employees
VAT repayments and Professional Extension of filing date for annual
Future Growth Loan Scheme Microfinance Ireland
Services Withholding Tax (PSWT) company returns
Under the SCBI Future Growth Loan Business loans increased from refunds prioritised
Scheme longer term loans may be €25k to €50k. Interest reduced to
Payment of excess R&D tax credits
available. Maximum interest rate 4.5%
due to be paid to companies in
4.5%
2020 will be accelerated
Fixed costs and grants Employment support Welfare
Support for businesses impacted by Strategic Consultancy Grant for Temporary Wages Subsidy Scheme COVID-19 Unemployment Benefit
COVID-19 through commercial rates SMEs
Enables employees, whose Enhanced COVID-19 Illness Benefit
deferral
Covid-19 Business Financial employers are affected by COVID-
Planning Grant 19, to receive significant support
directly from their employer. The
Local Enterprise Business Continuity
scheme is expected to last 12 weeks
Vouchers (max €2,500)
from 26 March 2020.
COVID-19 Online Retail Scheme
Self employed
Entitled to social welfare COVID-19
unemployment benefit or enhanced
illness benefit
27 April 2020 COVID-19: EMEIA EY Government Support Package – Ireland
4 Strategic Banking Corporation of Ireland (SBCI)
COVID-19 Working Capital Scheme
€450m Strategic Banking Who is eligible? What does it cover? Practicalities
Corporation of Ireland Viable micro, small and medium Loans can be used for future Companies will need to consider if
(SCBI) COVID-19 Working sized enterprises (SMEs) and working capital requirements and they are eligible to participate and
Capital Scheme Small Mid-Cap enterprises that to fund innovation, change or how long it might take to be
Provide loans of between meet the eligibility criteria adaptation of the business to approved to participate.
€25,000 and €1.5m per mitigate the impact of COVID-19. Applicants will be required to submit
A Small Mid-Cap is an enterprise
eligible enterprise a business plan demonstrating the
that is not an SME but has fewer Loans cannot be used to
means by which they intend to
Maximum interest rate of than 500 employees. refinance undertakings in innovate, change or adapt in
4%. financial difficulties or to response to new challenge.
Eligibility criteria provides that
refinance existing debt.
Loan terms ranging from 1 enterprise must satisfy the Covid- Loan approval is subject to the
year to 3 years. 19 criterion and one of the banks own credit policies and
innovation criteria set out in the procedures.
Loans unsecured up to
scheme rules Loans in this Scheme are subject to
€500,000. How is it accessed?
COVID-19 criterion provides that the De Minimis state aid threshold
Optional interest-only An Eligibility Application Form of €200,000 per undertaking
business must be impacted by the
repayments may be must be submitted (open for received in the last three year fiscal
Covid-19 virus resulting in
available at the start of the submissions from 23 March period. In practical terms this will
business turnover/profitability
loans (for 3 months). 2020). Forms are available at determine the maximum duration
being negatively impacted by a
www.scbi.gov.ie and size of the loan permissible.
The loan amount and term minimum of 15%
is dependent on the loan Loan applications can be made to
Applicants must have an
purpose. financial providers once the
eligibility letter from the SBCI.
Eligibility Letter is received.
This scheme is not open to For more information
business in the primary The Scheme operates from March
agriculture or aquaculture 2020 to March 2021 or until the Peadar Andrews
sectors. scheme has been fully peadar.andrews@ie.ey.com
subscribed.
Tel: +353 1 221 2833
Last updated 15th April 2020
COVID-19: EMEIA EY Government Support Package - Ireland
5 Strategic Banking Corporation of Ireland (SBCI)
Future Growth Loan Scheme
Who is eligible? What does it cover? Practicalities
Additional €200m Strategic
Banking Corporation of This recently announced funding Conditions for the new tranches The new tranches of funding
Ireland (SCBI) COVID-19 will be released in tranches. It is have yet to be announced. under the Future Growth Loan
Future Growth Loan Scheme an extension of an existing Future Scheme have not yet been
Previous tranches in the context
Growth Loan Scheme delivered in released. Demand under previous
► Provide loans of between of Brexit required long term
2019 in response to Brexit rounds of this scheme resulted in
€100,000 and €3m per investments
concerns. a quick take up of available
eligible enterprise
It is expected to be available to scheme lending capacity of the
► Maximum interest rate of main financial institutions.
micro, small and medium sized
4.5%.
enterprises (SMEs) and Small Loan approval will be subject to
► Loan terms ranging from 8 Mid-Cap enterprises in all sectors the banks own credit policies and
year to 10 years. including agri-food that meet the procedures and overall scheme
► Loans unsecured up to eligibility criteria limits
€500,000. It will be available to COVID-19 How is it accessed? Loans in this Scheme are subject
► Optional interest-only impacted businesses Details have yet to be announced. to the De Minimis state aid
repayments may be threshold of €200,000 per
Eligibility application forms are
available at the start of the undertaking received in the last
currently being accepted through
loans. three year fiscal period. In
www.scbi.gov.ie
practical terms this will
► The loan amount and term Loan applications can be made to determine the maximum duration
is dependent on the loan financial providers once the and size of any loan permissible.
purpose. Eligibility Letter is received.
The Future Growth Scheme is Information on release of funding
EU-supported may be monitored through
www.scbi.gov.ie For more information
Peadar Andrews
Last updated 15th April 2020 peadar.andrews@ie.ey.com
Tel: +353 1 221 2833
COVID-19: EMEIA EY Government Support Package - Ireland
6 Microfinance Ireland COVID-19
Business Loan
Business loans up to Who is eligible? What does it cover? Practicalities
€50,000 for eligible micro- Businesses with less than 10 Loans can be used for working No penalties for early repayment
enterprises employees and up to €2m annual capital and required business or hidden fees.
Loan terms up to a turnover that are currently changes as a result of COVID-19.
Applications will require a COVID
maximum of 3 years trading. Balance sheet net worth
19 business plan, cashflow
of not more than €2m
6 months interest free and forecasts, bank statements and,
repayment moratorium with Applies to sole traders, a Central Credit Register Report
the loan then repayable partnerships and limited
For loans in excess of €25,000
over the remaining 30 companies who are not in a
an aged list of trade debtors,
months position to avail of bank finance.
trade creditors and preferential
Interest rate of 4.5% if Business must be experiencing a creditors will be required.
submitted through Local negative COVID-19 impact on
Enterprise Office or 5.5% their business (at least 15% How is it accessed?
for direct Microfinance reduction in actual or projected Access is via a Local Enterprise
Ireland applications turnover or profit). Office of via registration at
Capital expenditure may be Open to all micro-enterprises www.microfinanceireland.ie
funded over 5 years. including those in retail and
tourism sectors.
For more information
Peadar Andrews
peadar.andrews@ie.ey.com
Tel: +353 1 221 2833
Last updated 15th April 2020
COVID-19: EMEIA EY Government Support Package - Ireland
7
Sustaining Enterprise Fund
€180m Sustaining Who is eligible? What does it cover? Practicalities
Enterprise Fund- available This fund is to sustain companies Support will be available to assist The required Business
through Enterprise Ireland that have suffered a 15% companies access the necessary Sustainment Plan should set out,
for viable but vulnerable reduction in actual or projected liquidity and funding to sustain if implemented, how the business
companies that need to turnover and/or profit or have their businesses in the short to can be stabilized and return to
restructure or transform significant cost increases as a medium term. viability.
their businesses. result of Covid-19 It will support the The plan must identify the extent
Scheme will operate as an The scheme is open to eligible implementation of a Business of immediate liquidity needs and
additional support to the companies that Sustainment Plan which must be how the support will remedy the
Strategic Banking provided that outlines the company’s immediate problems.
Corporation of Ireland ► Employ 10 or more full-time
eventual stabilisation of the
(SBCI) COVID-19 schemes employees State Aid sector exclusions need
business and return to viability.
and supports available from ► Are operating in the to be noted. This scheme is not
banks and other financial manufacturing and open to companies that were in
providers. internationally traded services financial difficulty within the
sectors meaning of General Block
Scheme is EU State Aid How is it accessed?
exemption Regulations on 31
approved. ► For SMEs, have applied for Eligible companies will need to December 2019.
It provides for: funding from a financial provide a Business Sustainment
institution, including where Plan.
► repayable advance of up appropriate under the SCBI
to €800,000 Evidence of application for
Covid-19 schemes
funding through SCBI or financial
► 3 year grace period For large companies – have
► institutions is required. For more information
► Repayable at end of year applied for funding with
Evidence of the need for Covid-19 Peadar Andrews
5 on achievement of appropriate financial
support funding and of a drop of
project objectives institutions peadar.andrews@ie.ey.com
at least 15% or more in income or
► an annual 4% Companies active in the primary projected income. Tel: +353 1 221 2833
administration fee. agricultural, fishery and
Access is via Enterprise Ireland
aquaculture sectors cannot apply
Last
- updated 15th April 2020
COVID-19: EMEIA EY Government Support Package - Ireland
8 Employment support: Temporary Wage Subsidy
Scheme
The Temporary Wage Who is eligible? What does it cover? Practicalities
Subsidy Scheme (TWSS) is It applies to employees on the Refund payment Revenue guidance continuing
available to employers from payroll on 29 February and for to evolve as issues emerge with
all sectors whose Transitional phase to early May:
whom a payroll submission has practical challenges and
businesses are being max €410 per week where
already been made to Revenue in administration of the scheme.
adversely impacted by Average Net Weekly Pay (ANWP)
the period from 1 February 2020 Revenue are working with
COVID-19. (based on Jan/Feb payroll) is less
to 15 March 2020. payroll software providers to
than or equal to €586, or max of
TWSS is open to employers address issues.
The scheme includes eligible €350 per week where ANWP is
who retain staff on the employees on fulltime, part‐time greater than €586 and less than In transition phase employers
payroll during COVID-19. and short‐time work or equal to €960. receive €410 for each
Provided the employer arrangements employee claimed for. In cases
Operational phase from early
meets the conditions and, where this exceeds entitlement
Employer must: May: tiered system will apply with
subject to the levels of pay employer obliged to retain and
tapering (based on Jan/Feb
to the employees, the ► be experiencing significant refund excess.
payroll). Max payment €410.
employer may be eligible for negative economic disruption
Applying limits correctly to
the scheme for some, or all due to Covid-19; From 16 April employees with pre
avoid clawback triggers
of its employees. weekly COVID-19 salary >€960,
► be able to demonstrate, to the
but now < €960 TWSS may apply
The scheme is expected to satisfaction of Revenue, a
last 12 weeks from 26 minimum of a 25% decline in
March 2020. turnover;
Application
Revenue telephone ► be unable to pay normal wages
helplines are closed but the and normal outgoings fully; Application for the scheme is
National Employer helpline based on self-assessment
► retain their employees on the
(353 1 7383638) remains principles, a qualifying employer For more information
payroll; and
open to support TWSS declares that it is significantly Michael Rooney (Personal
queries impacted by the crisis. Advisory Services)
Employers register for the michael.rooney@ie.ey.com
Last updated 15th April 2020 scheme with Revenue
Tel: +353 1 221 2857
COVID-19: EMEIA EY Government Support Package - Ireland
9 Other employment issues
On 27 March the E-working Practical considerations For more information
Government asked Consider if employees working A ‘formal agreement’ will be Michael Rooney (Personal
everyone to stay at home from home as a result of COVID- required to be in place Advisory Services)
except for those providing 19 measures will qualify as
essential specified services Terms and conditions of michael.rooney@ie.ey.com
eworkers, enabling employees to
and for other specified employment should be reviewed.
claim certain expenses and Tel: +353 1 221 2857
reasons such as food and allowances and to avail of
medicine shopping, medical equipment required without the
appointments. application of benefit-in-kind
provisions
Benefit-in-kind provisions Practical considerations For more information
COVID-19 impacts on the A review should be carried out to Michael Rooney (Personal
application of benefit-in-kind assess benefits in place. Advisory Services)
provisions, including employer michael.rooney@ie.ey.com
provided vehicles, employer
provided accommodation and the Tel: +353 1 221 2857
small benefit exemption
Share Option Schemes
Consider if this is an opportune
time to consider share option
schemes while share valuations
might be temporarily low.
Last updated 15th April 2020
COVID-19: EMEIA EY Government Support Package - Ireland
10 Cash flow support: Government tax measures
Deferral of PAYE/VAT Tax payments Practical considerations For more information
payments possible without For SMEs no interest on late For this purpose an SME is a Michael Rooney (Personal
imposition of interest payments for January/February business with turnover < €3 Advisory Services)
Contact with Revenue and March/April VAT and million and who is not dealt with michael.rooney@ie.ey.com
should be made via February, March and April PAYE by Revenue’s Large Cases
Revenue.ie and accessing (Employer’s) liabilities Division or Medium Enterprises Tel: +353 1 221 2857
Revenue’s Online Service Division.
Taxpayers should continue to file
(ROS) / My Enquiries / My their tax returns even if payment Business other than SMEs must
Account. Deirdre Hogan (Indirect Taxes)
of the resulting liabilities, in engage directly with Revenue on
Revenue telephone whole or in part, is not possible debt management. deirdre.hogan@ie.ey.com
helplines are currently Tel: +353 1 221 2433
closed, however the ROS
helpline (353 1 7383699)
is operational. Prioritizing of refunds/repayments Practical considerations For more information
Acceleration of Professional Requests to expedite R&D Peadar Andrews
Services Withholding Tax (PSWT) instalments must be made peadar.andrews@ie.ey.com
and VAT refunds through Revenue My Enquiries.
Tel: +353 1 221 2833
Early payment of 2020 instalments
of excess R&D tax credits.
Repayments will not be impacted by Ian Collins (R&D Tax Services)
the absence of iXBRL accounts ian.collins@ie.ey.com
(where applicable) for accounting
periods ending on or after March +353 1 221 2638
2019.
All debt enforcement activity is
suspended until further notice.
Last updated 15th April 2020
COVID-19: EMEIA EY Government Support Package - Ireland11 Cash flow support: Cash tax management
The Government’s Tax payments Practical considerations For more information
announcements are not the Review tax payments to assess if Some tax deductions are given on Peadar Andrews
only ways to manage cash in line with liabilities and claim a ‘payments’ basis such as
tax. There are other tax peadar.andrews@ie.ey.com
repayments or adjust payments if employer pension contributions
related measures, which are required. and interest and royalties relieved Tel: +353 1 221 2833
not specific to COVID-19, to as a ‘charge’ on income. Consider
manage liquidity. Consider debt management
the timing of payments in light of
options available with Revenue.
any revised expected outcomes
for the year.
Capital allowances Practical considerations For more information
Carry out a review of capital Ian Collins
allowance to ensure claims are ian.collins@ie.ey.com
made.
+353 1 221 2638
VAT Practical considerations For more information
Identify and release trapped Deirdre Hogan (Indirect Taxes)
indirect taxes and consider the deirdre.hogan@ie.ey.com
indirect tax implications of supply
chain disruption Tel: +353 1 221 2433
Last updated 15th April 2020
COVID-19: EMEIA EY Government Support Package - Ireland12 Fixed costs: Business rates and property
considerations
Rate deferrals will be dealt Business rates Practical considerations For more information
with by each Local The Government has agreed with Businesses will need to liaise Cian O’Donovan (Real Estate)
Authority local authorities that they should directly with their Local Authority cian.odonovan@ie.ey.com
agree to defer rates payments
due from the most immediately Tel: +353 1 479 4084
For a period of 3 months
impacted businesses - primarily in
residential rent increases
the retail, hospitality, leisure and
and termination of
childcare sectors, for three
tenancies are prohibited
months, until end-May. This
measure will be implemented by
each local authority in its own
area.
Practical considerations For more information
Commercial tenancies
Lessees will need to negotiate Cian O’Donovan (Real Estate
COVID-19 legislation introduced
with landlords as regards rent Tax)
in relation to tenancies does not
cover commercial tenants payment deferrals/holidays cian.odonovan@ie.ey.com
Tel: +353 1 479 4084
Last updated 15th April 2020
COVID-19: EMEIA EY Government Support Package - Ireland13 Grants and sector-specific measures
Grants are cash-payments Covid-19 Business Financial Practical considerations For more information
for organizations. Planning Grant Applications open to all Peadar Andrews
Existing grants continue as A grant of up to €5,000, to help Enterprise Ireland clients and peadar.andrews@ie.ey.com
usual and there are new companies develop financial companies employing 10 or more
new grants for COVID-19 plans, including to support in the manufacturing and Tel: +353 1 221 2833
related activities. external finance internationally traded services
sector. Online application.
A separate Credit Guarantee
Scheme for COVID-19 also
exists
Business Continuity Voucher Practical considerations For more information
Businesses which are seeking Applications open to businesses Peadar Andrews
support to assist with business across every sector that employ peadar.andrews@ie.ey.com
continuity and preparedness up to 50 people
connected to the COVID-19 Tel: +353 1 221 2833
outbreak, may be provided with a
voucher of up to €2,500
Trading Online Voucher Practical considerations For more information
Voucher of up to €2,500 for Applications made via Local Peadar Andrews
small businesses with up to 10 Enterprise Office.
peadar.andrews@ie.ey.com
employees seeking to help the
business trade online. Tel: +353 1 221 2833
Last updated 15th April 2020
COVID-19: EMEIA EY Government Support Package - Ireland14 Grants and sector-specific measures (continued)
Grants are cash-payments Covid-19 Online Retail Scheme Practical considerations For more information
for organizations. Administered by Enterprise Applications are open to Irish-owned Peadar Andrews
retailers employing over 10 people on
Existing grants continue as Ireland this offers grants between peadar.andrews@ie.ey.com
or before 29 February 2020 with
usual and there are new €10,000 and €40,000 to potential to sustain or create jobs.
new grants for COVID-19 support companies in the Tel: +353 1 221 2833
related activities. indigenous retail sector with a The scheme will be administered by
pre-existing online presence. Enterprise Ireland’s online application
system on behalf of the Department
Grant funding for successful of Business, Enterprise and Innovation
projects will be to a maximum of (DBEI). Applications will be through a
80% of eligible project costs. competitive public call for submission
of projects. Applicants must be Irish
Companies providing hospitality incorporated companies [Date to be
and leisure services are excluded announced].
as are certain other business
Franchisees may be excluded if
types.
franchisor provides material online
support.
Last updated 15th April 2020
COVID-19: EMEIA EY Government Support Package - Ireland15 Administration and governance
Regulatory expectations and Practical considerations For more information
Businesses will have to filings Businesses should consider who should be Peadar Andrews
consider the practicality of The challenge for business is maintaining responsible for monitoring
holding board, shareholder compliance with guidance from regulators. regulatory/government announcements and peadar.andrews@ie.ey.com
Certain regulators (e.g., Companies guidance, as well as ensuring that COVID-19
and annual general business impacts can be quickly escalated to Tel: +353 1 221 2833
Registration Office) have issued specific
meetings along with issues guidance but generally basic compliance directors.
raised by isolation of key requirements will remain. Consideration should also be given to
officers. Listed companies announcement monitoring reporting deadlines, applying for
requirements for material change; financial relief from filing certain reports if
A review of constitutional reporting requirements; increased access to appropriate and reviewing the potential
impact on all information due to be
documents may be needed confidential market sensitive data about
COVID-19/insider information risk. reported.
to allow remote meetings
Where appropriate, consider strategy for
and electronic signatures as All annual returns due to be filed with the
engagement with sector specific regulators.
Companies Registration Office now and up
well as giving consideration to 30 June 2020 will be deemed to have
to alternates and powers of been filed on time if completed and filed by
attorney to check who has that date.
authority to take necessary Director’s duties Practical considerations For more information
actions at short notice.
Directors will be making decisions at short Business should consider how to protect Peadar Andrews
Businesses will also need to notice, against an uncertain background. directors against wrongful trading and
monitor and review There are legal exposures, both corporate other insolvency-linked liabilities, peadar.andrews@ie.ey.com
and personal.
including taking best practice
communications, including Tel: +353 1 221 2833
Businesses will also need to consider the governance actions to protect against
social media, to reduce impact of travel restrictions on residency liability and the potential unwinding of
reputational and brand risk. arrangements from tax and other transactions.
perspectives. Where an individual is present
in Ireland due to COVID-19 travel Duties to creditors may be especially
restrictions, Irish Revenue will be prepared key in difficult trading scenarios and
to disregard such presence in Ireland for seeking advice here may be important.
corporation tax purposes for a company in
relation to which the individual is an Alternative ways of taking board
employee, director, service provider or decisions may be appropriate as may
agent. Presence in another jurisdiction due limiting the involvement of particular
to COVID-19 travel restrictions will also be board members if they cannot attend
disregarded. meetings.
Last updated 15th April 2020
COVID-19: EMEIA EY Government Support Package - Ireland16 Administration - Revenue
The Irish Revenue has Administration – Revenue PAYE Dispensation Applications: For more information
extended a number of Irish Revenue will not strictly
Corporation tax surcharge: The enforce the 30 day notification Peadar Andrews
reporting and filing deadlines. application of a surcharge for late requirement for PAYE peadar.andrews@ie.ey.com
CT1 Corporation Tax returns and dispensations which is applicable
iXBRL financial statements to short term business travellers Tel: +353 1 221 2833
(where applicable) for accounting from countries with which Ireland
periods ending June 2019 has a double taxation treaty who
onwards (i.e. due by March 23, are going to spend in excess of
2020 onwards) is suspended until 60 workdays in Ireland in a tax
further notice year.
Share schemes filing obligations: Foreign Employments - Operation
The filing deadline for all 2019 of PAYE: Irish Revenue will not
share scheme returns is being seek to enforce Irish payroll
extended from 31 March 2020 to obligations for foreign employers
30 June 2020. in genuine cases where an
Special Assignee Relief employee was working abroad for
Programme (SARP): The 90-day a foreign entity prior to COVID-19
employer filing obligation is but relocates temporarily to
extended for a further 60 days Ireland during the Covid-19
period and performs duties for
Deadline for claiming a real-time his or her foreign employer while
foreign tax credit on RSUs in Ireland
provided through payroll: 31
March 2020 deadline is Local property tax: 2020
suspended, filing date will revert Payment date extended from 21
to standard filing date of 31 March to 21 May 2020
October 2020 for that return.
Last updated 15th April 2020
COVID-19: EMEIA EY Government Support Package - Ireland17 Global EY COVID-19 Stimulus Response Tracker
Our tracker provides a Key jurisdictions covered by the Response Tracker include:
snapshot of the policy
changes that have been ► Australia ► Denmark ► Luxembourg ► Spain
announced in jurisdictions
► Austria ► France ► Malaysia ► Sweden
around the world in
response to the COVID-19 ► Belgium ► Germany ► New Zealand ► Switzerland
crisis. ► Brazil ► Greece ► Norway ► Taiwan
Policy changes across the ► Canada ► Hong Kong ► Puerto Rico ► Thailand
globe are being proposed
and implemented on a daily ► China Mainland ► Indonesia ► Singapore ► Ukraine
basis. ► Colombia ► Ireland ► Slovak Republic ► United Kingdom
The document will be ► Cyprus ► Italy ► Slovenia ► United States
updated on an ongoing
basis but not all entries will ► Czech Republic ► Japan ► South Korea
necessarily be up to date as
the process moves forward.
To download the latest Response Tracker visit:
ey.com/en_us/tax/how-covid-19-is-causing-
governments-to-adopt-economic-stimulus--
27 April 2020 COVID-19: EMEIA EY Government Support Package - IrelandContact
18
Peadar Andrews Deirdre Hogan Michael Rooney Cian O’Donovan Ian Collins
Corporate Tax Indirect Taxes Personal Advisory Real Estate Tax Research &
Services Development
peadar.andrews@ie.ey. deirdre.hogan@ie.ey.co cian.odonovan@ie.ey
com m michael.rooney@ie.ey.com .com ian.collins@ie.ey.com
Tel: +353 1 221 2833 Tel: +353 1 221 2433 Tel: +353 1 221 2857 Tel: +353 1 479 4084 +353 1 221 2638
James Burrow Luke Charleton
Global Compliance Restructuring
Reporting
luke.charleton@ie.ey.c
James.burrows@ie.ey. om
com
+353 1 221 2103
+353 1 221 1249
27 April 2020 COVID-19: EMEIA EY Government Support PackageEY | Assurance | Tax | Transactions | Advisory About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. For more information about our organization please visit ey.com. © 2020 EYGM Limited. All Rights Reserved. ED None This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax or other professional advice. Please refer to your advisors for specific advice. ey.com
You can also read
