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IAS 20 - Government Assisstance

stotheototheb · 2021-01-21 14:11:26

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 :)

21-01-2021 3:11pm

#1

stotheototheb

Registered Users Posts: 24 ✭

Join Date: January 2013

Posts: 16

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

0

Comments

#2 21-01-2021 3:57pm

Marcusm

Registered Users Posts: 10,175 ✭✭✭✭

Join Date: November 2010

Posts: 10148

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?

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