Students face tax clawback on €250 Covid-19 grant
The Revenue has revealed that the credit can reduce relief claimed on student fees
Tens of thousands of college students are at risk of a €50 tax clawback on their €250 Covid-19 compensation credit, it has emerged.
The one-off sum was given to students to make up for the upheaval of being forced to study at home due to the shut down of college campuses during the pandemic.
However, it has emerged now that the Revenue considers the credit to be a taxable payment and that it can reduce...
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