Revenue Update on EWSS ‘Sweepback Payments and Taxation of TWSS and PUP Payments

Revenue has provided updates in relation to the following:
the processing of the first phase of EWSS sweepback payments in respect of July and August 2020 – the means for eligible employers to claim a subsidy on behalf of eligible employees for July & August through Revenue’s Online Service, ROS, has been available since 15 September 2020. Revenue has already processed the first sweepback of EWSS payments additional info in relation to the payment of any tax due arising from amounts received by employees under the Temporary Wage Subsidy Scheme (TWSS) and Pandemic Unemployment Payment (PUP) – TWSS and PUP payments were not taxed in real-time and instead are liable to income tax and USC at the end of the year (2020)

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