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Clare Businesses Owe Revenue Over €20M In Warehoused Debt

The government is being called upon to treat Clare firms struggling with warehoused debt on a case by case basis.

Revenue is currently owed over €20m in taxes from Clare companies who deffered payments during the Pandemic due to cash flow issues.

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Over 1,300 firms in this county are currently availing of the scheme and if repayments aren’t made by May 1st, higher interest rates of 8% to 10 % will apply.

 

Clare ISME Rep and Owner of St.Tola’s Goat Cheese in Ennistymon, Siobhán Ní Ghairbith says viable businesses must be prioritised for supports.

Listen to the full interview here

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