With effect from 20 June 2022, the Income and Expenditure Statement filing period for debtors on the Debt Repayment Scheme (DRS) will be changed from once every 6 months to once every 12 months. This new period of 12 months shall begin from the end of the debtor’s last submission period. If the debtor had already submitted his Income and Expenditure Statement for the period 1 January 2022 – 30 June 2022, he will only be required to submit a new Income and Expenditure Statement in July 2023. Debtors are advised to disregard any recent notification relating to their submission.