Oireachtas Joint and Select Committees
Thursday, 25 January 2024
Public Accounts Committee
Appropriation Accounts 2022
Vote 9 - Office of the Revenue Commissioners
Account of the Receipt of the Revenue of the State collected by the Revenue Commissioners 2022
Report on the Accounts of the Public Services 2022
Chapter 20 - Assessment and Collection of Local Property Tax
Chapter 21 - Revenues Tax Debt Warehousing Scheme
Chapter 22 - Corporation Tax Losses
9:30 am
Brian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source
Coming back to tax warehousing, there are small business with cash flow problems for whom this is becoming liable. I will give an example of one business which owes €21,000 or €22,000. I think they have another month or two to pay it. It is a small cafe-type business and energy costs have gone up, etc. At the moment they are being charged 3% interest, I understand. At the point it becomes due, they are not in a position to pay it. They do not want to close the doors. There are a couple of people employed in it. What happens there?
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