COVID-19: How Much Tax Will People Be Expected To Pay Back? Image

COVID-19: How Much Tax Will People Be Expected To Pay Back?

25 September 2020 - 14 mins
Podcast Series The Last Word with Matt Cooper

Those who received the Pandemic Unemployment Payment or who were on the Temporary Wage Subsidy Scheme now have more information about how much tax they will be expected to pay back, and when.

Finance Minister Paschal Donohoe today confirmed that people can pay what they owe in a lump sum or alternatively spread the cost over four years.

Norah Collender, Professional Tax Leader at Chartered Accountants Ireland, joined us to explain the situation in detail.

Priscilla Lynch, clinical editor of the Medical Independent, also updated us on the latest COVID-19 news.

[audio mp3="https://media.radiocms.net/uploads/2020/09/25172741/LW-Tax.mp3"][/audio]

14 mins

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