Thousands of workers who availed of State wage subsidies last year will be told next week how much income tax they owe for those payments.
Some of these bills could amount to more than €1,000.
Revenue have confirmed that that all PAYE workers will receive preliminary end-of-year statements next Friday, January 15th.
Sinn Féin’s Finance Spokesperson, Pearse Doherty says clawing back some of the taxes is unfair.
“The pandemic unemployment payment, under-law, was tax-exempt. There’s no ifs, buts, or maybes, it was tax-exempt”, he said.
“What the Government did, was that they rewound the clock.”
“They did something that was never done before in the history of tax legislation and that is they retrospectively taxed it, which means that certain people will be getting bills or will have liabilities of anything up to €1,400.”
