Brian Keegan: Writing off tax-warehoused debt after the Covid crisis

Sometimes the quickest way to lend money to a business is not to take it out in the first place

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On Agenda: The way the tax system was used to support people and businesses during the pandemic, through the various wage subsidy schemes, is well known and recognised if also surprising: Revenue are known for collecting, rather than distributing money. 

Perhaps, in terms of tax policy, an even bigger surprise was the notion of tax debt warehousing, which has come up for debate again in recent days.