TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

COVID-19: Taxation of Pandemic Unemployment Payment

Revenue have confirmed that the COVID-19 Pandemic Unemployment Payment (COVID-PUP) is not on the list of tax-exempt social welfare payments. In general, social welfare payments are a taxable source of income unless they are on the list of tax-exempt payments. It is Revenue’s understanding that the COVID-PUP is taxable, and along with the Department of Finance, they are examining the appropriate Schedule under which the payment will be taxed (i.e. Schedule D or Schedule E).