Tax
Revenue warns businesses about looming deadline on warehoused tax debt
58,000 companies still owe €1.8bn in debt to the State with 10% owing more than €50,000
The Revenue Commissioners has warned businesses owing €1.8 bn in warehoused debt from the Covid-19 pandemic to engage with them ahead of May’s deadline for payment.
Revenue has said its advice to businesses is to start planning for the repayment of warehoused debt and, where required, agree a payment arrangement now with the collector generals division using the online PPA (phased payment arrangements) facility.
In a statement to the Irish Times, Revenue said early engagement ...
