Thousands of people in Ireland who received the PUP social welfare payment from the government during Covid are now faced with tax bills reaching up €2,500 in some cases.
According to Revenue, almost 280,000 people have not yet been in touch with them to organise a payment plan for their tax due, and they'll have to act soon to avoid an automatic tax credit reduction. Revenue confirmed that the number of those left to contact them is close to 300,000 in relation to the PUP and the Temporary Wage Subsidy Scheme payments, and a total of €219 million is owed.
A Revenue spokesman said: “Revenue estimates that there are approximately 279,000 taxpayer units who were in receipt of PUP and/or TWSS payments, and who have not yet filed a return, who may be in an underpayment position.” Here's everything you need to know if you received the PUP or Temporary Wage Subsidy Scheme payments during the Covid-19 pandemic.
