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Social Welfare: Latest update from government as future of PUP becomes clearer
Some important information for those receiving the PUP
Updated
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Tànaiste Leo Varadkar has issued a warning to anyone that s trying to defraud the Pandemic Unemployment Payment system.
Goodbody warns removing fiscal support a lot harder than giving it
Written by Robert McHugh, on 28th May 2021. Posted in Economy
Goodbody Stockbrokers today warned that the key challenge on fiscal support will be to balance risks of taking away supports too early versus continuing them and potentially keeping unviable businesses alive at a cost to the State.
This comes as the government is set to announce plans today that will cover the reopening of hospitality over the summer months, starting with hotels (June 2nd) and outdoor hospitality (June 7th).
As it currently stands, supports such as the Pandemic Unemployment Payment (PUP) and the Employment Wage Subsidy Scheme (EWSS) are due to expire at the end of June. It was never expected that these would end abruptly but the Irish Times reported yesterday that they may continue in their current form for the entire third quarter and in some form until the end of the year.