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Friday, May 14, 2021

Workers on Covid-19 benefit payment face tax bills at end of year

A large number of full-time workers in receipt of the Temporary Wage Subsidy Scheme or Pandemic Unemployment Payment face tax bills of between €150 and €2,828 by the end of the year, Taxback.com has warned.

Since its introduction in March, over 551,800 employees have been paid by the TWSS, while 517,600 have received the PUP.

Taxback.com said the implementation of these supports was absolutely necessary, however later in the year recipients will pay a tax bill depending on their circumstances.

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