Boards.ie

stotheototheb · 21-01-2021, 14:11

Hello, doing some research for a small practise i work in on IAS 20.

Specifically accounting for VAT & PAYE liability deferrals as available to companies by Revenue as a result of COVID-19.

Appreciate if anyone has came across good guidance or some illustrative examples

Marcusm · 21-01-2021, 14:57

I cannot see any circumstances in which the deferral or warehousing of a PAYE or VAT liability would fall to be accounted for under IAS20. Are you thinking of TWSS/CRSS etc?

21-01-2021, 14:11	#1
stotheototheb Registered User Join Date: Jan 2013 Posts: 18 Adverts \| Friends	IAS 20 - Government Assisstance Hello, doing some research for a small practise i work in on IAS 20. Specifically accounting for VAT & PAYE liability deferrals as available to companies by Revenue as a result of COVID-19. Appreciate if anyone has came across good guidance or some illustrative examples

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

21-01-2021, 14:57	#2
Marcusm Registered User Join Date: Nov 2010 Posts: 8,812 Adverts \| Friends	I cannot see any circumstances in which the deferral or warehousing of a PAYE or VAT liability would fall to be accounted for under IAS20. Are you thinking of TWSS/CRSS etc?