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Should COVID-Related Tax Bills Be Scrapped?


Should COVID-Related Tax Bills Be Scrapped?
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Revenue has issued tax bills to 420,000 people who were on the Temporary Wage Subsidy Scheme or the Pandemic Unemployment Payment last year.
The total amount of tax owed comes to €458 million.
However, Labour has called on Finance Minister Paschal Donohoe to scrap these COVID-related tax bills.
Should this happen?
Ged Nash, Labour Party spokesman on Finance, Public Expenditure and Reform, and Norah Collender, Professional Tax Leader at Chartered Accountants Ireland, joined us with more on this issue.
Should COVID-Related Tax Bills Be Scrapped?
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Paschal Donohoe , Norah Collender , Labour Party , Temporary Wage Subsidy Scheme , Pandemic Unemployment Payment , Finance Minister Paschal Donohoe , Public Expenditure , Professional Tax Leader , Chartered Accountants Ireland , பாஸ்கல் தொனொோே , தொழிலாளர் கட்சி , தற்காலிகமானது ஊதியம் மானியம் திட்டம் , சர்வதேச பரவல் வேலையின்மை கட்டணம் , நிதி அமைச்சர் பாஸ்கல் தொனொோே , பொது செலவு , ப்ரொஃபெஶநல் வரி தலைவர் , பட்டய கணக்காளர்கள் ஐயர்ல்யாஂட் ,

Why am I getting a tax bill for PUP and TWSS payments?


Over 630,000 people will be hit with tax bills from Revenue today.
Those who received the two main Covid-19 support schemes last year should pay particular attention to this document.
Figures released by Revenue last night show that around 420,000 people will be issued with bills as a result of payments they received under the Temporary Wage Subsidy and the Pandemic Unemployment Payment.
71% of those in receipt of the TWSS in 2020 have underpaid tax and will receive a tax bill.
Just 33% of those who received the PUP will have to pay up, while 48% will actually be entitled to a refund.
Revenue said the statements will be issued this morning, and can then be accessed through the MyAccount facility on the Revenue online service. ....

Marian Ryan , Norah Collender , Temporary Wage Subsidy , Pandemic Unemployment , Professional Tax Leader , Chartered Accountants Ireland , Consumer Tax Manager , Employment Wage Subsidy , Employment Wage Subsidy Scheme , மரியன் ரியான் , தற்காலிகமானது ஊதியம் மானியம் , சர்வதேச பரவல் வேலையின்மை , ப்ரொஃபெஶநல் வரி தலைவர் , பட்டய கணக்காளர்கள் ஐயர்ல்யாஂட் , நுகர்வோர் வரி மேலாளர் , வேலைவாய்ப்பு ஊதியம் மானியம் , வேலைவாய்ப்பு ஊதியம் மானியம் திட்டம் ,