A lot of people will be worse off under the TWSSMy understanding is that you are no worse off with TWSS/EWSS it's just that you have to pay the tax instead of your employer, so pay rises or bonuses shouldn't come into it.
I was sure I'd seen some report that Revenue will likely just decrease tax credits over the next couple of years rather than seek cash now but can't seem to find it.
How is their take-home pay higher than normal?So their take home pay was higher than normal and nobody noticed?
Eh?
Do you understand how the TWSS works?If their pay was made up to the normal gross level by the employer and tax was not deducted on the TWSS portion, then their take home pay would have been higher than normal
If the employer decided to top-up the TWSS so that the employee was not out of pocket then they would have topped up by €1,483.33, minimal (if any) tax would have been paid on this €1,483.33 so the employee's take-home is still around the €3k mark for the month
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