A small manufacturing company in Co. Kildare owes €100,000 tax to Revenue.
Tax owed to Revenue
Tax description |
€100,000 VAT |
Tax periods covered |
2020 and 2021 |
Warehouse period 2 end date |
30 April 2023 |
PPA application and interest breakdown
PPA application date |
January 2023 |
PPA duration |
24 months |
36 months |
Last instalment date |
31 December 2024 |
31 December 2025 |
Interest payable where the business benefits from Debt Warehousing reduced rates |
€1,919.04 |
€3,166.92 |
Interest payable where the business cannot benefit from Debt Warehousing reduced rates |
€25,006.32 |
€28,246.32 |
Interest savings with a warehouse PPA |
€23,087.28 |
€25,079.40 |