The Finance Minister Paschal Donohoe says people who were paid through the Wage Subsidy Scheme won't have to repay any tax the owe until 2022.
Over 660,000 workers were paid through the scheme at the height of lockdown, but weren't taxed at the time.
People can pay whatever they owe in a lump sum, or spread the cost over four years.
Minister Donohoe thinks it's a fair resolution to the problem.
"What the Revenue Commissioner are making clear is that if any tax liability does develop, and it's most likely to happen in the Wage Subsidy Scheme, that happened at the time of crisis that if one does develop for any taxpayer they will allow that tax liability to be paid off over four years.
"While I do expect the tax liability that could develop to be small, this has been a very, very difficult year for so many - and allowing this to be paid off over a number of years should hopefully allow this matter to be dealt with in a way that is careful and fair for all".
"There won't be interest charged on it, and the option will be there of course that you can pay it off up front if you wanted in a single payment."
