Reduced wage subsidy ‘spells disaster for SMEs’

James McManus of adventure travel firm Earth’s Edge says decision not to extend TWSS will force businesses to close

9th August, 2020
Reduced wage subsidy ‘spells disaster for SMEs’
James McManus, owner of Earth’s Edge: ‘Small businesses are like families. Once you break them up it is very difficult to put them back together again’ Picture: Fergal Phillips

Imminent changes to the state’s wage subsidy scheme will destroy businesses that have been kept alive through government support for the past several months, the owner of an adventure tourism business has warned.

James McManus, managing director of the Earth’s Edge adventure travel company, said a reduced wage subsidy set to come into force at the beginning of September would threaten the viability of businesses like his.

The government’s temporary wage...

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