More time for businesses to agree debt repayments as deadline
extended

Businesses have been given extra days to agree a payment plan on their warehoused debt as Revenue will keep its phone lines open until Friday.
Firms were expected to have agreed a phased payment arrangement for their debt by Wednesday, May 1. However, given the rush of applications in the last number of days Revenue has said it will continue to work on the plans until May 3 at 16:30.

Companies have scrambled to arrange payment plans in the past month with 4,200 arrangements made since the end of March and a further 1,300 being processed by Revenue. Department of Finance says that the level of warehoused debt not subject to a repayment plan was now below €1 billion.