Oireachtas Joint and Select Committees
Thursday, 19 November 2020
Public Accounts Committee
2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 – Office of the Revenue Commissioners
Central Fund Related Accounts - Revenue Account 2019
11:30 am
Mr. Niall Cody:
The total for the TWSS and the PUP is probably going to be in the region of €7.5 billion. At an effective rate of 12.5%, the liability will be approximately €900 million. The liability on the PUP will probably be lower. The rates went from €350 to €203 and there were 240,000 or so people who were on the PUP throughout, although the numbers have gone up again. Some 250,000 people will probably have been on the PUP for most of this year. Their liability will be low, given the reduction in the rate.
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