Beneficiaries – Hoteliers, restaurants, bars, and small travel agents and other related tourism businesses.
Criteria for Payroll Support
• Must be registered with the Inland Revenue Division and the National Insurance Scheme
• Funding should not be used for salary payment to owners, directors, and management
• Entity in operation as at and up to 1 March 2020
• Applicable to employees on payroll up to 29th February 2020
• New hires (post March 20th 2020) will not form part of this grant support. This support does not apply to entities that are still under construction (qualifier).
• Monthly application with employee verification form required
• Vacation leave must be applied in the first instance as a means of the employer’s contribution
NB: This support does not apply to entities that are still under construction