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Tax advisor among list of tax defaulters

Friday, March 14 17:01:07

A tax advisor was among a list of those deemed by the Revenue Commissioners to have defaulted and had to settle their tax bills along with fines and charges.

The 100-strong list, published today by the Revenue Commissioners, made settlements totalling E13.77 million.

Carol Byrne, a clairvoyant based in Co Wexford, made a settlement of E163,000 with Revenue for the under declaration of VAT and income tax.

Micheal Reidy, a stone crusher from Co Tipperary, made a settlement of E122,000 also for the under declaration of VAT.

Accountant and taxation service provider Yaw Dankwa of Unit 4, Drogheda Business Park, Donore Road in Drogheda made a settlement for E38,359 which related to a penalty determination by the courts for the under declaration of VAT and income tax.

The rest of the list, which covers the three-month period to the end of December, was dominated by medical practitioners, restaurateurs, nursing home operators and building contractors.

The biggest settlement on the list was by Cork heating and plumbing contractor Barry Murphy for E991,000, which included just under E495,000 in interest and penalties, arising out of the under declaration of income tax and VAT.

The second highest settlement was made by Mulleady Civil Engineering Limited in Co Longford for E762,125, which included E458,000 in interest and penalties, arising out of the under-declaration of VAT and relevant contracts tax.

A Co Wicklow motor dealer trading as Fargo Leisure Limited made a settlement for E559,000 arising out of the under-declation of VAT, PAYE and PRSI.