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What's in it for me? — Everything you need to know about the government's July stimulus package

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There were few surprises in the policy bundle and some people will be a lot happier than others.

Image: Sam Boal; RollingNews.ie Image: Sam Boal; RollingNews.ie IN ITS FIRST major policy announcement, the coalition government today announced its July stimulus package.

By far the most impactful measures introduced by the government in the early days of the crisis were the Pandemic Unemployment Payment and the Temporary Wage Subsidy Scheme . From 1 September, the TWSS will be replaced with the Employment Wage Subsidy Scheme, a flat subsidy paid out at different rates although precise details of the various payment bands are yet to be announced.The PUP has been extended until April next year but will be progressively tapered as more people return to work.

One of the most eye-catching measures announced this evening is the ‘stay and spend’ tax rebate for Irish holidaymakers looking to take a ‘staycation’ this year.

 

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Government announces staycation tax rebate as part of July stimulus planThe July stimulus measures were announced by the government this afternoon.
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