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As part of a broader project to modernise its payment and banking processes, Revenue is updating its direct debit system to bring it into line with standard industry practice. The broader project will be rolled out gradually over the coming the years.
Phase 1 of this project includes the cessation of the Fixed Direct Debit (FDD) payment option, the expansion of the Variable Direct Debit (VDD) for current VAT liabilities, and the introduction of a new Payment Hub on ROS.
Phase 1 is now complete and can be accessed via the ‘Payments and Refunds’ panel on the ROS home page.
Phase 1 points To Note:
- As a consequence of the cessation of the FDD option for VAT payments, VAT returns can no longer be filed on an annual basis. Revenue is contacting affected taxpayers, and their agents, as they approach the end of their annual VAT period to ensure a smooth transition to the VDD and revised filing requirements.
- All income taxpayers paying preliminary income tax by direct debit have been migrated by Revenue to the new direct debit facility on ROS. Revenue will shortly write to the relevant taxpayers, and their agents, to notify them of the new direct debit mandate number. Revenue has confirmed that no action is required by the taxpayer or their agent at this time.
Should you require any further information on the above please get in touch with your DBASS representative on ph. 01 849 88 00 or info@dbass.ie
