I presume that the Deputy is referring to the 60% statutory redundancy rebates that the Department of Enterprise, Trade and Employment administer.
Taxes paid by employers include tax levied directly on the employer such as Income Tax or Corporation Tax but also fiduciary taxes such as PAYE Income Tax, Income Levy or VAT levied on the employees or customers of that employer. Also relevant would be levies and contributions collected from employees such as PRSI and Health Levy.
In the circumstances and given that there is no provision in taxation, social welfare or health legislation to offset tax liabilities in the manner suggested, it is not possible to offset the 60% statutory redundancy rebates against a tax liability due to Revenue.
I am, however, advised by Revenue that where a business is awaiting a statutory redundancy rebate and it is experiencing particular difficulties in meeting its tax payment obligations because of a delay in receiving the repayment, then subject to satisfactory evidence being provided of the repayment due and its quantum, Revenue will be accommodating in deferring for a reasonable period collection or enforcement action that would otherwise ensue in the event of delayed payment of tax.