Business Irish

Wednesday 24 May 2017

Charity boss vows to contest €120,000 tax suit

Developer Niall Mellon meets a young resident of Wallacedene township, South Africa
Developer Niall Mellon meets a young resident of Wallacedene township, South Africa
Laura Noonan

Laura Noonan

PROMINENT charity boss and developer Niall Mellon last night vowed to contest a lawsuit over a disputed €120,000 tax bill.

The comments came after it emerged that Collector General Gerry Harrahill recently launched legal proceedings against Mr Mellon.

"Over the past decade I have been a major taxpayer and have paid millions in tax," said Mr Mellon, who is best known for building houses in South African townships.

"If I believed the amount sought in relation to the issue in question was due, I would happily pay it."

The €120,000 dispute is understood to centre around personal tax reliefs claimed by Mr Mellon in recent years and is not related to his charity or development activities.

Decent

"I am dealing with a decent man in the Revenue and I have located some additional documentation to support my case and I am hopeful that when this is shown to Revenue they will abandon their claim," added Mr Mellon.

"If not, I will definitely be contesting the case."

News of the tax dispute comes months after Mr Mellon put his 242-acre Co Kilkenny estate on the market with an asking price of €3.75m. Mr Mellon said the sale was "at an advanced stage".

The charity boss, who has had some of his development loans transferred to Nama, has also moved out of his Dublin 4 home so it can be rented out.

Mr Mellon recently said he had made the decision because it was important to both him and his wife "to do everything we can to pay our bills".

The most recent accounts for Mr Mellon's Knockraboo Developments show it had debts of €39m, which were largely owed to Anglo Irish Bank.

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