Thousands of workers to be hit with tax bill from Covid wage supports

Taxback.com said thousands of workers would receive notification from Revenue in the coming days that their preliminary end-of-year statement is now available, and they now have a tax liability after receiving either the Pandemic Unemployment Payment (PUP) or the Temporary Wage Subsidy Scheme (TWSS). Picture: Laura Hutton/RollingNews.ie

Tax experts have warned Irish workers to brace themselves for a bill from Revenue emanating from emergency payments paid during the Covid-19 pandemic, with thousands expected to receive the unwelcome news.

Taxback.com said thousands of workers would receive notification from Revenue in the coming days that their preliminary end-of-year statement is now available, and they now have a tax liability after receiving either the Pandemic Unemployment Payment (PUP) or the Temporary Wage Subsidy Scheme (TWSS).