Latest News

Keep up to date with us.... always

Call +353 1 8827 600


Debt Warehouse Scheme 28 September 2022

RMcH states: Recently we have received a few queries from clients in ration to revenue letters being issued re Debt warehouse scheme. These letters seem to be issued to all companies whether you availed of deb warehousing or not. The following explains Guidance on the Level 1 Compliance Programme – Debt Warehouse Scheme if needed.

26 September 2022

Guidance on the Level 1 Compliance Programme – Debt Warehouse Scheme

Revenue has published a new Tax and Duty Manual – Guidance on the Level 1 Compliance Programme - Debt Warehouse

In September 2022, Revenue issued a Level 1 Compliance Intervention notification offering taxpayers an opportunity to self-review returns eligible for debt warehousing and, if additional undisclosed relevant liabilities arise, these can benefit from the provisions of the DWS.  By making an Unprompted Qualifying Disclosure in relation to previously undisclosed Period 1 liabilities on or before 31 January 2023, the taxpayer has an opportunity to have those additional liabilities warehoused under the terms of the DWS.

A taxpayer who makes an Unprompted Qualifying Disclosure also receives the normal benefits of mitigation of the tax-geared penalty (in cases where such a penalty applies), non-publication of the tax settlement and non-prosecution.

Detailed information regarding the compliance programme and the opportunity to disclose additional liabilities is outlined in this Tax and Duty Manual.


Courtesy of


Click to go back




So what are you waiting for? Call Today and talk to us about how we can make a real difference to your business. Arrange your Meeting using the form below or call us direct on +353 1 8827 600.


At the FREE, No-Obligation Meeting You Will Receive:

  • 3 proven and easy-to-apply strategies which could add hundreds (even thousands) of value to your business
  • Powerful solutions to your most pressing financial challenges (cash flow, cost management, profitability, etc).
  • €100 to your favourite charity if you do not consider our meeting to be of immense value to you

Still Not Convinced? Why not take a moment to watch this video and see the difference a Super Accountant can make to your business!

Remember, you can call us with any questions direct on +353 1 8827 600 OR you can find our contact details here