Revenue said that when they return to work they would have to pay income tax on the PUP money this year. We need to see action from the Government on this.”Reductions applied to 2021 tax credits will be immediate on return to work. A tax credit is an amount you can earn before you pay tax. The income tax owed on PUP paid this year will be deducted from the tax credits a person receives. This will lead to those people’s tax credits and bands being adjusted to recoup the tax in the year after they return to work.

Source: Irish Independent February 11, 2021 02:26 UTC