DUBLIN, June 1 (Reuters) - Ireland will extend the main
financial supports for firms hit hard by the COVID-19 pandemic,
including wage subsidies, grants, tax debt warehousing and a
commercial rates waiver, the government said on Tuesday.
The wage subsidy scheme, which is supporting some 300,000
jobs, will be extended until the end of the year and be
available to any business whose turnover is down 30% or more
compared with 2019, the government said.
New grants will also be available to firms whose turnover is
still down by 75% on 2019 levels from September, it added.
The government will also maintain a lower 9% VAT rate for
the hospitality sector until September 2022, while also phasing
out temporary coronavirus-related jobless payments from
September to February 2022.
(Reporting by Padraic Halpin; Editing by Andrew Heavens)