Aengus Ó Snodaigh (Dublin South Central, Sinn Fein)
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43. To ask the Minister for Finance if self-employed workers will be eligible for the warehousing of tax announced in budget 2021. [31990/20]

Paschal Donohoe (Dublin Central, Fine Gael)
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In my Budget speech, I announced that I would provide for an extension of the tax warehousing scheme to include the 2019 balance and 2020 preliminary tax obligations for self-assessed taxpayers .

I specifically referred to self-employed people who have suffered a significant drop in income and will struggle to pay their 2019 balance and preliminary tax for 2020.

The details of the expanded debt warehousing provisions will be set out in the Finance Bill due to be published later this week.  I can confirm that this will include arrangements  to allow self-assessed taxpayers whose income has been adversely affected by Covid-19 restrictions to defer payment for a period of a year with no interest applying; 3 per cent will apply thereafter and there will be no surcharge.