Temporary Wage Subsidy Scheme (TWSS) reconciliation

  1. Overview
  2. Why does a reconciliation balance arise?
  3. The reconciliation finalisation process

The reconciliation finalisation process

If you accepted your reconciliation by 30 June 2021, you will have received a Statement of Account to your ROS Inbox. The Statement of Account shows your final position, taking account of any repayments you have already made to Revenue. 

If you did not accept your reconciliation by 30 June 2021, Revenue has treated your reconciliation balance as finalised. A Statement of Account is available in your ROS Inbox. The Statement of Account shows your final position, taking account of any repayments you have already made to Revenue. Any balance owing is due and payable.  

Where your Statement of Account shows a balance owing to Revenue, and that balance is not paid, a Notice of Assessment will issue in due course.

This Notice of Assessment is an important part of finalising the TWSS reconciliation process. It confirms the TWSS liability balance due and allows it to be either warehoused or collected.

This TWSS liability is automatically warehoused for employers who are:

  • managed by Revenue's Business or Personal Division
  • or
  • already availing of debt warehousing.

Other employers may still apply for debt warehousing if they meet the general criteria.

Employers, not in debt warehousing, who have difficulties in paying the outstanding balances may apply to Revenue for a Phased Payment Arrangement.

Employers can pay any outstanding TWSS reconciliation balance on ROS. Any outstanding balances, that are not in debt warehousing or payment arrangement, will be subject to the standard Revenue collection processes.

For employers who are owed a further amount of TWSS, this amount will be paid by Revenue where all subsidy paid data is reported.

If you have a query on your Statement of Account or Notice of Assessment balance, you can contact Revenue by:

  • signing into ROS and selecting ‘MyEnquiries’  
  • select ‘Add New Enquiry’
  • select the ‘Employers PAYE’ option in the ‘Enquiry relates to’ section
  • select the ‘TWSS + Reconciliation’ option in the ‘More specifically’ section
  • include the details of your enquiry
  • click submit.