Deadline for warehoused tax could be extended if needed, says minister

As of the end of 2023, €1.76bn is owed to Revenue from businesses involved in the scheme

Business and Retail Minister Neale Richmond said extension to the tax warehousing deadline of May 1 will be considered if it poses a difficulty to certain sectors.

An extension to the tax warehousing deadline of May 1 will be considered if it poses a difficulty to certain sectors, Business and Retail Minister Neale Richmond has said as concerns mount over the growing cost of doing business.

As of the end of 2023, there is €1.756bn still owed to Revenue under the debt warehousing scheme. Businesses with debt in the scheme have until May 1 to either pay off the debt or have a payment plan in place.