Revenue have published its detailed
statistical report on the Debt Warehouse Scheme. The report shows that just over 93% of the €3.2 billion debt included in the warehouse at its peak in January 2022 has now been either paid in full, secured under a phased payment arrangement (PPA) or is subject to ongoing PPA negotiations or refunds/credit claims awaiting approval for offset.
The report also demonstrates the significant level of engagement with Revenue in the weeks leading up to the 1 May 2024 deadline with €100 million of warehoused debt being collected in May, and 9,987 PPAs, covering €973 million of warehoused debt, being secured after 1 April.
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