Originally Posted by jos28
I know that part of the Refund scheme deal is that you cannot amend your return once submitted to Revenue. What are the implications if for whatever reason you have to amend after submission
All Temporary Wage Subsidy Scheme submissions should be posted with a J9 PRSI class. Revenue use the J9 class to identify where a subsidy has been claimed and paid to an employee. They then process a refund of €410 per prsi week plus any tax refunds arising and pay the employer the money in 2-3 days.
Because the refund process is so fast, and because the system is still being implemented, the likely outcome is that multiple refunds will be triggered, and that you'll have difficulty reconciling what you owe back to Revenue.The reconciliation process is still being figured out. As of this week your ROS Online Statement of Account is being updated to show your refunds, and the View Payroll screens will show which employee subsidies and been paid out or denied.