Revenue eBrief No. 013/23
17 January 2023
Updated guidance on the Level 1 Compliance Programme – Debt Warehouse Scheme
Tax and Duty Manual – Debt Warehousing Scheme – Level 1 Compliance Programme Guide – sets out the process whereby taxpayers, making an Unprompted Qualifying Disclosure in relation to previously undisclosed Period 1 liabilities on or before 31 January 2023, have an opportunity to have those additional liabilities warehoused under the terms of the DWS.
The manual has been updated in Section 2.4 to reflect the changes to the period within which Taxpayers availing of Debt Warehousing are required to enter into a Phased Payment Arrangement (PPA) to pay their warehoused liabilities.