VAT Compensation Scheme

Calculation of payment by the Revenue Commissioners

The annual amount available under the scheme is capped at €5m. The amount that Revenue will pay out to each charity will depend on the:

  • total amount correctly calculated
  • annual amount available for the scheme
  • total demand from all applicants.

The system calculation to decide repayment amounts will take place after a review process has been finalised. 

There are several factors which affect the amount which can be paid to each applicant. As a result of this the pay-out calculation will only be done once. 

It is not possible to recalculate the pay-outs or to accept late applications as this would affect the operation of the scheme. 

Next: When and how will payment be made?