1) Does it matter to you whether your employer got TWSS or not?
1) Does it matter to you whether your employer got TWSS or not?
2) You got a salary each month. Were the payslips correct?
3) Do the gross amounts on the payslips add up to the gross amount on the P21?
If so, then you have not paid too much tax.
Brendan
The employer was only supposed to be paid their TWSS after they confirmed that the employee had got the subsidy. So if you were told you were not being paid it and the employer had claimed for it then something smelly is going on at your employer side. If revenue are saying your income included this and you are satisfied you've not received it then you should be pointing out the "error" to your employer.
If an employer claimed TWSS, this was meant to be shown on your payslip along with any top-up payment made.
It sounds as if your employer did not amend your payslip as they should have
If the employer cut waged on the basis that they were not getting TWSS then it certainly matters.1) Does it matter to you whether your employer got TWSS or not?
It sounds more like the benefit was passed on but not recorded on the employee's payslip
There is some bad advice on this thread. If does matter if TWSS was paid to the Employer and they did not pass it on the Employee as a Net amount, appearing on the Employee's Payslip. The OP (Employee) will be charged both Income Tax and USC on the TWSS amount, which Revenue have currently deferred. A TWSS value of 455.66 is at least two weeks of TWSS. If the employee was paid 'normally' (with an 15% pay cut) they will be double taxed on the TWSS value.
Revenue's TWSS Reconciliation ended on the 30 June, this gave employers a chance to properly report and correct any issues. If your MyAccount still shows TWSS and it is not show on as Net Amount on your Payslip then report it to Revenue via MyEnquiries. They plan to start on auditing employers on site who claimed TWSS from August.
BTW: The payment should be labelled "GovC19 WageSub" or similar on your payslip.
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