Covid-19 Pandemic Unemployment Payment

The closure of businesses, because of Covid-19 affected thousands of workers in Ireland. To help people who had lost income, the government introduced the Pandemic Unemployment Payment. How Much is the Covid-19 Pandemic Unemployment Payment The Covid-19 Pandemic Unemployment Payment was initially €203 a week . From the 24th March it was increased to €350 […]
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Income Tax Changes For Recipients of Pandemic Payments.

PAYE Tax Changes Revenue has made some Income Tax Changes For Recipients of the Pandemic Payments. They have changed the tax basis for all employees that received payments under either the Wage Subsidy Scheme or the Pandemic Unemployment Payment.All affected employees have been moved on to Week 1 basis. Revenue sent notifications to employers to […]
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Taxation of the Covid Unemployment Payment.

Is The Covid Unemployment Payment Taxable? Yes, Revenue has indicated that it will treat the COVID-19 Pandemic Unemployment Payment as taxable income . Jobseekers Benefit is taxable and has been for years. We expect the taxation of the Covid unemployment payment to be done in a similar way. Jobseekers Benefit is NOT liable to USC […]
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