Debt warehousing

Removal from warehouse

Failure to file returns may result in your Debt Warehousing being withdrawn.

Where warehousing is withdrawn, periods which had been warehoused: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In addition, your Tax Clearance Certificate (TCC) will be automatically rescinded.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 your compliance issues are rectified.

Next: Debt Warehousing benefits