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Revenue settlements worth almost €10m made in two months

Settlements worth almost €10m were made with the Revenue Commissioners between April and June t...
Jack Quann
Jack Quann

15.56 10 Sep 2019


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Revenue settlements worth almo...

Revenue settlements worth almost €10m made in two months

Jack Quann
Jack Quann

15.56 10 Sep 2019


Share this article


Settlements worth almost €10m were made with the Revenue Commissioners between April and June this year.

It has published the latest tax defaulters list.

A total of 43 settlements were made - which occurs when voluntary disclosure is not used, and the default arises because of "careless or deliberate behaviour."

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Twenty-one of these cases were for amounts exceeding €100,000, of which six were over €500,000.

Some 19 are cases still outstanding, in which the settlement was not fully paid as of June 30th.

Revenue says this outstanding amount stands at more than €6m.

But it adds: "Revenue vigorously pursues collection/enforcement of unpaid settlements.

"In some cases, collection/recovery of the full unpaid amount will not be possible (for example, company liquidation)".

A vehicle test centre operator in Wexford was told to pay nearly €706,000 for non-declaration of income tax and under-declaration of VAT.

 tax defaulters File photo

While a Cavan-based wholesaler is to pay over €852,000 for the same offence.

And a car dealer in Galway is to pay just under €800,000 for under-declaration of VAT.

There were also nine such cases where a court determined the penalty - with the total amount reaching just over €591,000.

And there were 176 where a court imposed a fine, totaling over €550,000.

In one instance, a Cork-based subcontractor faced seven charges for failure to lodge income tax returns.

He had to pay a fine of €28,000.

While a Wexford farmer was fined €17,500 for her failure to lodge VAT returns.

A window installer in Wexford paid a penalty of nearly €125,000 for under-declaration of income tax and non-declaration of VAT.

While a Monaghan-based property developer was order to pay €125,043 for non-declaration of Capital Gains Tax.

The full lists can be seen here


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Cork Court Fines Galway Monaghan Revenue Settlements Tax Defaulters List Unpaid Settlements Voluntary Disclosure Wexford

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