VAT Compensation Scheme for charities
COVID-19 subsidy payments
The Temporary Wage Subsidy Scheme (TWSS) and the Employer Wage Subsidy Scheme (EWSS) were introduced to provide support to employers affected by the COVID-19 pandemic.
For the purposes of the Charities VAT Compensation Scheme payments received under TWSS and EWSS are not treated as income. These payments should be excluded from VAT Compensation Scheme calculations in respect of both total income and qualifying income amounts.
Next: What is total income and qualifying income?