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Seven things you should know about your taxes and Covid-19

Many workers could be facing tax bills soon due to side effects of the pandemic, writes Louise McBride

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The Covid-19 crisis could see many workers and unemployed individuals landed with unexpected tax bills

The Covid-19 crisis could see many workers and unemployed individuals landed with unexpected tax bills

The Covid-19 crisis could see many workers and unemployed individuals landed with unexpected tax bills

The Covid-19 crisis could see many workers and unemployed individuals landed with unexpected tax bills - and others tying up loose ends so they're not hit for tax unnecessarily.

It's important therefore to understand - and deal with - any tax implications of the pandemic, particularly if your failure to do so could leave you seriously out of pocket. Here's what you need to know.

YOU COULD FACE TAX ON THE PANDEMIC UNEMPLOYMENT PAYMENT