Debt warehousing

Removal from warehouse

Failure to file returns may result in the entitlement to avail of the Debt Warehousing Scheme (DWS) being withdrawn.

Where warehousing is withdrawn, periods which had been warehoused:

  • will become payable immediately
  • may be subjected to debt collection enforcement action
  • will be subject to interest charges of 8% or 10% per annum.  

In addition, your Tax Clearance Certificate (TCC) will be automatically rescinded. Consequently, any Government support payments or grant aid will cease until the compliance issues are rectified.

Next: Taxpayer self-review