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PUP/TWSS recipients to discover tax liabilities in January - Revenue

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People who have received payments under the Pandemic Unemployment Payment (PUP) and Temporary Wage Subsidy Scheme (TWSS) are to receive bills for any tax they owe as a result in January.

Revenue said it will issue a Preliminary End of Year Statement to all employees, including those who received the TWSS and PUP, at the beginning of next year.  "The Preliminary End of Year Statement will include pre-populated information showing the amount of TWSS and/or PUP payments, if any, received by the employee concerned according to Revenue records," Declan Rigney, a spokesman for Revenue, said.   "The statement will also provide employees with a preliminary calculation of their income tax and USC position for 2020 and will indicate whether their

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