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Dublin: 14°C Tuesday 17 May 2022

Revenue yields €113m following investigations

It made 114 tax settlements totalling €26.25 million – which included more than 10 that exceeded €500,000.

Image: SamBoal/Photocall Ireland

THE REVENUE HAS published its latest defaulters list – which shows that in total it recovered €113m between April and June of this year.

In total, there were 114 published tax settlements during the three months, totalling €26.25 million in total.

In total, 68 were for amounts exceeding €100,000. Of these, 11 exceeded €500,000 and three exceeded €1,000,000.

The figures include interest and penalties.

There was one settlement of €0.31 million that related to bogus non-resident holders, while 22 settlements – totalling €5.01 million altogether – related to Revenue investigations into offshore funds.

There were 10 settlements that came to €2.03 million that related to Revenue’s single premium insurance products cases.

People received penalties in court for selling tobacco illegally, smuggling cigarettes, filing an incorrect return or failing to file a return.

Niall Mellon, trading as Taylors of Three Rock in Rathfarnham, was fined €700 for failing to hold a current liquor licence.

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