Oireachtas Joint and Select Committees
Wednesday, 8 May 2024
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Small Companies Administrative Rescue Process: Discussion
Ms Maureen Marray:
I will answer this question. Overall, Revenue has been very pleased with the level of engagement it saw last week from its customers.
Businesses had until last Wednesday to put a plan in place to address the debt but there was never any expectation that they had to pay the debt in full. They had to engage with Revenue to put a payment plan in place. We wrote to customers with warehoused debt in March and set out those key actions and messages. It is very evident that many have listened to those messages. We acknowledge the efforts they have made. On foot of that strong engagement, I will give a quick update on the statistics at the close of business on 3 May.
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