Redundancy Rebates
Where a business is awaiting a redundancy rebate and has difficulty in meeting their tax liabilities, Revenue previously announced that the business can offset the redundancy rebate directly against the outstanding taxes, thereby mitigating against any interest and penalties that may be accruing on the unpaid liabilities.To expedite the process, Revenue has advised that the business should provide authorisation for payment of the rebate directly to Revenue by submitting a completed application form to the Revenue caseworker involved in managing the case. The Redundancy Rebates and Tax Payment Difficulties form is available on the Revenue website for download at www.revenue.ie.
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