Debt Warehousing Scheme Deadline on 30 April 2023
Revenue’s Debt Warehousing Scheme allowed businesses who experienced trading difficulties during the COVID-19 pandemic to warehouse their tax debt interest-free. The scheme enabled a business to defer paying certain tax liabilities until it was in a better financial position.
The interest free period for any tax debts that have been warehoused will end on this Sunday 30th of April 2023. From this date, Revenue will charge interest at a rate of 3% until all tax liabilities are paid off.
Revenue have given businesses who availed of this Scheme until 1 May 2024 to enter into a formal payment plan with them.
If you would like our assistance with agreeing a payment plan with Revenue, please contact us.
