More than 400,000 face tax bills for Covid wage subsidies
More than 400,000 face tax bills for Covid wage subsidies Revenue issues end of year statements to all PAYE employees Thu, Jan 14, 2021, 19:31 More than 400,000 PAYE workers face tax bills on Friday for payments they received under Covid wage subsidy schemes. Revenue announced late on Thursday that 27 per cent of all PAYE taxpayers – more than 600,000 people – had underpaid income tax or the universal social charge in 2020. However, one third of those do not relate to Covid payments as they have not received any pandemic wage support. The amount outstanding is €458 million. PAYE w...
Source: irishtimes.com