I am informed by Revenue that the Collector-General’s Division has already accepted proposals from the persons in question to meet their outstanding tax liabilities by way of deferred payments. The phased payment arrangement was agreed with the persons on submission of outstanding tax returns. It must be remembered that the granting of an instalment arrangement is not something to which a taxpayer is entitled as a matter of right, and accordingly, it is very important that the persons in question organise their financial affairs in such a fashion as to ensure that the terms of the arrangement are honoured, which includes in particular capacity to pay current taxes.
Revenue has confirmed that it will not commence any debt recovery proceedings for the duration of the arrangement providing the persons in question adhere to the terms as agreed.