Warehousing of tax debt was aimed at assisting businesses who experienced cash-flow and trading difficulties during the COVID-19 pandemic.
Under the scheme, it was possible to defer paying some eligible tax liabilities until the business was in a position financially to deal with the debt.
Favourable interest rates applied to warehoused debt are as follows:
- 0% initially
- 3% from the start of Period 3 to the repayment date.
For more information on period dates please see page three in this section.
If you have qualified for warehousing, you will have received a letter confirming the periods and amounts which are currently held in the warehouse. Your warehouse will automatically update to include all qualifying returns up to the end of Period 1 (as appropriate).
Please ensure you make returns relating to those periods to remain eligible for warehousing.
To enquire about the Debt Warehousing Scheme (DWS), or its extension, please contact the Collector-General’s Division:
Next: Taxes included in the Warehousing Scheme