Debt warehousing


Warehousing of tax debt assisted businesses who experienced cash-flow and trading difficulties during the COVID-19 pandemic.

Under the scheme, you could defer paying some eligible tax liabilities until you were in a position financially to deal with the debt.

The interest rates applied to warehoused debt are as follows:

  • 0% during period 1 and period 2
  • and
  • 3% from the start of period 3 to the repayment date.

For further information on period dates, please see page 3 in this section.

On 5 February 2024, the 3% interest rate applicable from the start of period 3 was reduced to 0%. For further details on the interest rate reduction, please see 'Amendments to the Debt Warehousing Scheme 5 February 2024'.

Warehouse queries

If you qualified for warehousing, you will have received a letter confirming:

  • warehoused periods
  • returns included in the warehouse
  • amounts warehoused
  • and
  • interest rates applicable.

Your warehouse will have automatically updated to include all debt on qualifying returns up to the end of period 1, as appropriate.

Please ensure that you pay and file your current taxes as they fall due to retain the benefits of the debt warehouse.

Next: Taxes included in the Warehousing Scheme