Business

Revenue gives struggling firms one week to clear debt

Companies one step away from enforcement action have been given seven days to pay tax debts or else face the sheriffs

Revenue: restarted debt collections which were paused during the Covid-19 pandemic

Revenue has given a cohort of struggling businesses seven days to clear their outstanding tax debt, or face being referred to sheriffs or the courts to recoup the money.

Correspondence seen by the Business Post shows firms that are one step away from being subject to enforcement action have been given a week to pay their debts, as Revenue restarts debt collections which were paused during the Covid-19 pandemic.

They were told that Revenue might ...