Irish Revenue has issued eBrief No. 174/22 concerning an update to the Tax and Duty Manual (TDM) on phased payment (installment) arrangements (PPAs), which can be entered into by taxpayers facing tax payment difficulties. This includes PPAs in relation to outstanding tax liabilities for VAT, Employers Income Tax, Income Tax, Relevant Contracts Tax, Corporation Tax and Capital Gains Tax, Employment Wage Subsidy Scheme and Temporary Wage Subsidy Scheme. Among other things, a new Appendix 9 has been added to the TDM on Temporary Changes during the Covid-19 and recovery period, including an extension of the maximum timeframe for a PPA allowed through the ROS system from 36 to 60 months.
Source Orbitax
Latest Posts in "Ireland"
- Ireland Confirms Large Corporates for Phase One of Mandatory B2B e-Invoicing and VAT Modernisation
- 9% VAT Rate for Residential Apartments and Blocks Under Finance Act 2025: Key Provisions Explained
- Ireland’s New E-Invoicing Regime: PEPPOL, EN 16931, and Preparing for Digital VAT Compliance
- Ireland Confirms Phased Rollout of Mandatory E-Invoicing and Real-Time VAT Reporting from 2028
- Ireland’s VAT Modernisation: Large Corporates Must Issue Structured E-Invoices for B2B from 2028
