"In a statement issued today, Revenue said the exceptional conditions caused by the storm have disrupted normal activity for many individuals and firms which may affect their ability to meet tax deadlines on time. The tax authority said it is aware of the difficulties caused and understands that some taxpayers may face temporary cash-flow pressures as a result of storm damage and business interruption."
"Revenue said it will work with those adversely affected to ensure that otherwise good compliance records can be maintained, despite the disruption experienced during the storm period. It said engagement with affected taxpayers will focus on restoring compliance once circumstances allow, rather than penalising those facing genuine difficulties linked to the extreme weather."
""Revenue has a strong track record in successfully agreeing flexible payment arrangements where taxpayers and businesses are facing temporary cash flow difficulties, and we will work with those affected by Storm Chandra to take their financial circumstances and capacity to pay into account," he said."
Revenue said exceptional storm conditions have disrupted normal activity for many individuals and firms and may affect their ability to meet tax deadlines. The tax authority acknowledged difficulties and potential temporary cash-flow pressures caused by storm damage and business interruption. Revenue committed to working with adversely affected taxpayers and businesses to maintain otherwise good compliance records despite the disruption. Engagement will focus on restoring compliance once circumstances allow rather than penalising genuine storm-related difficulties. Revenue stated it will adopt a pragmatic approach and consider flexible payment arrangements that take financial circumstances and capacity to pay into account. Affected taxpayers were advised to make contact with the authority.
Read at Irish Independent
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