Monday September 21, 2020

Editorial View: Three big choices await new government on coronavirus assistance

It is already clear that the temporary wage subsidy scheme must be extended

5th July, 2020
As Minister for Finance Paschal Donohoe noted last week, if he were to agree to all of the demands from business lobby groups for additional supports, the sum total could easily exceed the amount of tax the government will collect this year

It is understandable, at difficult times like this, to grasp for positive signs. Human nature is such that we cling to hope. Last week, figures released by the Department of Finance showed the budget deficit at the end of June stood at €5.3 billion. The positives in the figures were that the amount of tax collected was both marginally ahead of last year and much better than had been forecasted.

These tax numbers masked the...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

Today's figures of incoming job losses are stark, and the government must do all it can to protect Irish businesses

Business Post | 1 day ago

It's comforting to have so much US backing as Boris Johnson attempts to violate the EU withdrawal agreement, but Ireland needs to tread carefully

Business Post | 1 day ago

In disregarding the withdrawal treaty, Brexiters are ignoring the ramifications of leaving the EU for stability in Northern Ireland and normal life on this island

Business Post | 1 week ago