About 53% of employees who received some type of Covid-19 wage support now have a tax liability

Financial advice for farmers
About 53% of employees who received some type of Covid-19 wage support now have a tax liability

There's a tax sting in the tail for those who received Covid-19 employee wage subsidy payments. The good news for most is that 

Revenue updated employees’ online profiles last week, with details of incomes on record from employers and from the Department of Social Welfare.

Since January 1, 2019, the payroll system in Ireland has gone to real-time reporting, meaning that Revenue no longer needs to wait until an end-of-year P35 return is filed by employers, to gather up employee pay details.

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