Is The Pandemic Unemployment Payment Taxable? Yes, Revenue has confirmed that it will treat the PUP 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. PUP is NOT liable to USC or […]
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See Current USC Charges Here The 2011 Budget in Ireland introduced a new tax on income called the Universal Social Charge (USC) which began in January 2011. This was the last Budget of the Fianna Fail/ Green coalition.Initially – all individuals were liable to pay the USC if their gross annual income was more than […]
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A new Home Renovation Incentive Scheme was announced in Budget 2014. It ended in Decmeber 2018 This is a tax relief scheme which will run from 25th October 2013 to 31st December 2018. (It was originally supposed to start in Jan 2014 but was bought forward to stop owners delaying work starting) . The Scheme […]
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Tax Deferral for some affected by Flooding Revenue have announced the following news to help ease the burden on people and businesses impacted by flooding: a) Property owners whose principal private residence has been flooded and who are in receipt of assistance through the Department of Social Protection Humanitarian Relief Fund can apply to have […]
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As part of Budget 2016 – a new “Earned Income Tax Credit” will be introduced from January 2016 . It will be €550 and it is for for self employed individuals who are trading as a sole trader or in partnership or business owners who are ineligible for a PAYE credit on their salary income. […]
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