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Dublin: 15°C Tuesday 19 October 2021

Four settlements of over a million in latest tax defaulters list

The largest amount paid over was in excess of €2 million. In total, there were seven settlements of over half a million.

Image: money euro via Shutterstock

FOUR TAXPAYERS MADE settlements of over a million euro each with the Revenue Commissioners in the second three months of the year, according to the latest quarterly list of defaulters.

Details of 136 cases have been published this afternoon by the Revenue service – with the total amount of settlements reaching €22.62 million.

The largest settlement — of €2,179,715 — was made by Midland Contractors Ltd. (in liquidation). The Kells-based building contractors were found to have under-declared VAT.

The three other settlements of over a million were:

  • €1,234,782: Orthopaedic Bed Company Ltd, Dublin Road, Carrick-on-Shannon, Leitrim (for under-declaration of Income Tax, VAT & PAYE/PRSI)
  • €1,207,988: Brendan O’Connor (company director/landlord), Kilbride, The Ballagh, Enniscorthy, Wexford (for under-declaration of Income Tax & VAT)
  • €1,043,360: Barry & Sons (Navan) Ltd (landlords), M50 Business Park, Ballymount Road Upper, Dublin 24 (under-declaration of Corporation Tax)

The three settlements between €500,000 and a million were:

  • €896,558: Denis J Boyle (retired fisherman/company director), Acres, Burtonport, Donegal (for under-declaration of Capital Gains Tax & Income Tax)
  • €706,610: Mary McHugh (hackney service provider – retired) Cornelscourt, Newbridge (for under-declaration of Capital Gains Tax)
  • €609,119: Barty O’Brien Ltd (contract cleaners), Brownstown, The Curragh, Kildare (for under-declaration of VAT & PAYE/PRSI)

Of the remaining 136 cases, 59 were for amounts of over €100,000.

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