Updated on April 13, 2022
To help businesses, employees, and the general public cope with the COVID-19 pandemic, the Department of Revenue has implemented a number of government-sponsored programmes. Detailed information is available on:
the Employment Wage Subsidy Scheme (EWSS) in the section on Employing individuals
Self-assessment and self-employment: the Covid Restrictions Support Scheme (CRSS)
Small business re-starting assistance programme (BRSS), found under Taxation of self-employed people
Starting and sustaining a business includes Debt Warehousing.
A Wage Subsidy Plan for Workers in Area Code 19 (TWSS)
employers listed in the section under “Hiring Employees”
in the department of jobs & retirement.
Contacting Revenue during COVID-19 restrictions
Our public offices are closed till further notice because of the COVID-19 outbreak.
Our online services provide the fastest, easiest, and most convenient way for taxpayers to manage their taxes. Many contacts between taxpayers and the IRS can go on as usual because of the large range of services that are always available.
Detailed information on how the COVID-19 epidemic has affected taxpayers and how they have been supported.
Business Resumption Support Scheme (BRSS)
The Finance (COVID-19 and Miscellaneous Provisions) Act 2021 contains the specifics of the Business Resumption Support Scheme (BRSS). BRSS will continue to support firms that were severely affected by the COVID-19 outbreak, even when limitations were removed.
Businesses that are engaged in a relevant business activity will be eligible for the financial aid. Your company must be able to show a significant decrease in commerce between September 1, 2020, and August 31, 2021.
An Advance Credit for Trading Expenses can be claimed by enterprises that qualify (ACTE).
Between the beginning of September 2021 and the 30th of November 2021, applicants to the programme can submit their applications.
Debt management and debt warehousing
First-time tax payers may face difficulties in their business. Let us help you get through this. We’re here for you.
It’s best if you pay your taxes as soon as you’re able when they become due. Revenue understands that businesses may be unable to pay taxes due to the COVID-19 epidemic. The following arrangements have been made for these companies.
Suspension of debt enforcement
Debt collection efforts have essentially ceased.
During the epidemic, several firms have been able to operate at a normal or even a heightened level of efficiency. Debt collection and enforcement action will be taken against these businesses if they do not satisfy their filing and payment responsibilities.
Phased payment arrangements
We can usually agree on a payment schedule that is acceptable to both the business and Revenue if we get involved early and meaningfully.
The Starting and running a business section contains more information on progressive payment plans.
Among the difficulties that some businesses confront, Revenue says, are: Tax debt, but also:
performing any necessary restructuring to deal with new trading arrangements, and paying their trade and other non-Revenue creditors as and when they arise once they reopen.
The COVID-19 crisis-related tax debt can now be ‘warehoused,’ thanks to legislation passed by the government.
As of January 2022, debts stemming from the COVID-19 crisis can be “parked” for a period of 12 months. Debt that has been stored for a year can be repaid with a low annual interest rate of 3% after that time period.
The section on starting and running a business has more information on debt warehousing.
Tax and Duty Manuals related to COVID-19 response
In response to the COVID-19 answer, this page includes links to Tax and Duty Manuals. The links on this page will be updated as new versions of the Tax and Duty Manuals are published , revised and added.
COVID-19-related tax and duty manuals