Главред (Украина): Ермак объяснил, почему минские договоренности выполнить невозможно inosmi.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inosmi.ru Daily Mail and Mail on Sunday newspapers.
To print this article, all you need is to be registered or login on Mondaq.com.
Businesses and communities are dealing with many COVID-19
related issues that are causing severe business disruption.
The Irish government has been swift to introduce new measures to
mitigate the effects of COVID-19 on business. No doubt,
further measures will be introduced in due course. Revenue has
acknowledged that tax payment difficulties are an inevitable
impact of the COVID-19 pandemic and has advised
taxpayers to file tax returns and pay tax liabilities if at
all possible .
Business Supports
On 2 May 2020 the Irish government announced a suite of measures
EXPLAINER: Will you be getting a tax bill or a refund from Revenue due to Covid payments
Reporter:
15 Jan 2021 );
);
Revenue has published provisional statistics in relation to the preliminary end of year tax position for all PAYE taxpayers for the year 2020
It reveals that 43% had a balanced position, meaning they paid the right amount of tax while 30% overpaid tax and/or USC totalling €436m but 27% underpaid tax and/or USC totalling €458m.
According to Revenue, provisional data also indicates that over 706,000 taxpayers are in a refund position.
For those PAYE taxpayers that were in receipt of one or more of the wage supports during 2020, about 47% are either due a refund or have no additional liability.
Revenue has appealed to people who are trying to access their preliminary end of year statement to be patient, after some users reported that its online system had slowed to a crawl.
Revenue Assistant Secretary in the Personal Taxes Division, Declan Rigney, said the volume of users attempting to access the Revenue Online System was causing the delays.
He added that this is not an issue that there is a deadline on and people should remember that they can access the information over the weekend or next week it they cannot access it today.
In a post on Twitter, Revenue said it was aware of intermittent issues with its online services.