Hi Everyone
I owe Revenue 18,000 from last year, I am keeping up to date with this years quartely payments for Revenue, but want to put a payment plan in place over 24 months for last years arrears, does anyone know if this is possible?
I would not be able to keep my business going if I were to pay them back in 12 months as is the norm on payment plans. I employ 18 people in a small business, I would have to put them all on the dole which would cost the state over 180,00 if I did this, but I owe them 18,000 and it makes more sense for me to pay them back over a longer period than put everyone on the dole which would be my only option if a payment plan was not acceptable to Revenue.
I am confident I can pay back over 24 months, longer would be great, I struggled last year paying a huge bank loan back and have completed that so now would be free to pay my Revenue arrears.
This is making lose sleep every night and I am a wreck because of it.
Any help would be greatly appreciated, especially on how to approach Revenue as I dont have the confidence at the moment or the know how as this stage to make that first call to them.
Thank You.
I owe Revenue 18,000 from last year, I am keeping up to date with this years quartely payments for Revenue, but want to put a payment plan in place over 24 months for last years arrears, does anyone know if this is possible?
I would not be able to keep my business going if I were to pay them back in 12 months as is the norm on payment plans. I employ 18 people in a small business, I would have to put them all on the dole which would cost the state over 180,00 if I did this, but I owe them 18,000 and it makes more sense for me to pay them back over a longer period than put everyone on the dole which would be my only option if a payment plan was not acceptable to Revenue.
I am confident I can pay back over 24 months, longer would be great, I struggled last year paying a huge bank loan back and have completed that so now would be free to pay my Revenue arrears.
This is making lose sleep every night and I am a wreck because of it.
Any help would be greatly appreciated, especially on how to approach Revenue as I dont have the confidence at the moment or the know how as this stage to make that first call to them.
Thank You.