Irish Revenue has issued eBrief No. 174/22 concerning an update to the Tax and Duty Manual (TDM) on phased payment (installment) arrangements (PPAs), which can be entered into by taxpayers facing tax payment difficulties. This includes PPAs in relation to outstanding tax liabilities for VAT, Employers Income Tax, Income Tax, Relevant Contracts Tax, Corporation Tax and Capital Gains Tax, Employment Wage Subsidy Scheme and Temporary Wage Subsidy Scheme. Among other things, a new Appendix 9 has been added to the TDM on Temporary Changes during the Covid-19 and recovery period, including an extension of the maximum timeframe for a PPA allowed through the ROS system from 36 to 60 months.
Source Orbitax
