Revenue aware weather may hit cashflow
New collector-general at Revenue, Joe Howley, on Tuesday advised businesses experiencing or expecting cashflow challenges as a result of the severe weather to engage early with Revenue.
“Revenue understands the temporary cashflow difficulties that can arise for businesses from exceptional events like the recent severe weather event and how this can impact on the timely payment of tax,” Howley said, a day after taking up the senior position in the organisation.
“When these cashflow-related challenges arise or are expected to arise for businesses, then early engagement with us is key to being able to minimise the stress and anxiety for those concerned,” he said.
We are generally able to arrive at an accommodation
“We are generally able to arrive at an accommodation that gets them successfully beyond the payment pressure point and able to focus on running their business.”
“We understand that the likes of severe weather related events can have particular location and sector specific impacts, which are not generally applicable. That is why a ‘one size fits all’ approach would not be appropriate, and why the early and one-to-one engagement that we encourage is so important.”
Business owners, including farmers, who are facing cash flow difficulties and related tax payment difficulties due to weather disruption should contact the collector-general’s office on 1890 20 30 70 to agree mutually suitable payment arrangements, he said.