Revenue have today issued an eBrief that provides an update on the TWSS,
It confirms that the qualifying criteria to avail of the scheme remains as significant negative impact for the three months to 30 June 2020 despite the scheme extending to 31 August 2020.
It also confirms that if businesses joined the scheme and had reasonable grounds to assume they would qualify for the scheme. they will not be required to repay amounts received if they now do not qualify. However they need to immediately cease availing of the scheme and inform Revenue. It is important that employers retain the supporting evidence and documented assumptions they made at the time of joining the scheme as Revenue may review these.
Revenue will be commencing compliance checks on employers availing of the TWSS
You can read the full eBrief at https://www.revenue.ie/en/tax-professionals/ebrief/2020/no-1172020.aspx