Warehouse extension 2022
In December 2021, the Debt Warehousing Scheme (DWS) was extended for some businesses. To avail of the extension you need to:
- have already been eligible for warehousing
- have had a valid claim between 1 January 2022 and 30 April 2022 for any of the following:
If you qualified for the extension, your warehouse period dates were extended as follows:
Period 1 end date
Period 1 ended on 30 April 2022. All returns for qualifying taxes which fell in Period 1, were entered into the warehouse.
Period 2 is a one-year period which runs from 1 May 2022 to 30 April 2023, in the case of customers entitled to the warehouse extension. No interest is applied to the warehoused debt during period 2.
Period 3 starts when period 2 ends, that is, 1 May 2023. You have until 1 May 2024 to agree a Phased Payment Arrangement with Revenue for the warehoused debt. However, you can make interim payments towards your warehoused debt at any stage. Interest is applied from the start of period 3 until the final payment date at a rate of 3%.
Next: Qualifying terms and conditions