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Monthly direct debit

  1. Overview
  2. Preliminary Income Tax
  3. Local Property Tax (LPT)
  4. Employers' Income Tax
  5. Variable direct debit scheme
  6. Value-Added Tax (VAT)
  7. Direct debit procedures for seasonal businesses
  8. Monthly direct debit calendar

Direct debit procedures for seasonal businesses

A seasonal business is a business that does not trade for certain months of the year.

If you have a seasonal business and are on a fixed direct debit, you can choose to either:

  • reduce your total monthly tax payment
  • or
  • exclude up to a maximum of three months’ payment.

You can do this by availing of either the ‘Exclude’, ‘Reduce’ or ‘Suspend’ option on Revenue Online Service (ROS). The reduction or exclusion will remain in place until you choose to make any further changes. This is only available to Value-Added Tax (VAT) and Employers' Income Tax direct debit customers.

  • Example

    A hotel closes for the months of January and February every year.

    They choose not to pay their VAT and Employers’ Pay As You Earn (PAYE) in these months. Instead, they spread the total cost of the tax they owe over the remaining ten months.

Next: Monthly direct debit calendar

Published: 23 January 2024 Print this page

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