Irish Tax Institute calls on Revenue to support repayment of warehoused debt

'It’s essential that we can get proper, realistic phased payment arrangements in place,' said Colm Browne, president of the Irish Tax Institute

President of the Irish Tax Institute Colm Browne called on Revenue to continue to support businesses in the run-up to January 1, 2023, the date when firms will begin to make repayments. Picture: Laura Hutton/RollingNews.ie.

President of the Irish Tax Institute Colm Browne has said that Revenue must take a "pragmatic approach" towards companies repaying warehoused tax debt as many small firms struggle to make ends meet as costs soar.

He called on Revenue to continue to support businesses in the run-up to January 1, 2023, the date when firms will begin to make repayments.