Psychic hit with €168k bill after tax audit
Published 15/03/2014 | 02:30
A CLAIRVOYANT has made a six-figure tax settlement with the Revenue Commissioners after her books were audited.
Carol Byrne from Oylegate in Enniscorthy, Co Wexford, made a settlement of €163,000 with the Revenue last year.
This included €64,000 in penalties, €13,000 interest and €86,000 for under declaration of VAT and income tax in a Revenue audit case.
Some 100 taxpayers made settlements with the Revenue in the final three months of 2013, the latest tax defaulters' list shows.
And 38 of these were for amounts in excess of €100,000, while five of the settlements exceeded half a million euros.
The biggest settlement of €992,000 was made by Barry Murphy, a heating and plumbing contractor from Blackthorn Drive, Blackstone Bridge, Killeens in Co Cork.
This included €281,000 in penalties for under declaration of income tax and VAT amounting to nearly half a million euros.
While Mulleady Civil Engineering, of Main Street, Drumlish, Co Longford, made a settlement of €762,000 including interest and penalties for under declaration of VAT and contracts tax following a revenue investigation.
Fargo Leisure , a motor dealer in Tinnahinch, Enniskerry, Co Wicklow, made a settlement of €559,000.
Cork nursing home owner Liam Holland of Grangecon, Carrigrohane, Co Cork made a settlement of €550,000, relating to under declared income tax.
Dublin roofer Robert Grace, of Orlagh Close, Scholarstown Road, Rathfarnham, Dublin 16, made a settlement of €536,122.
Building contractors John & Paul McNamara Property Company of Sraheens, Achill, Co Mayo, made a settlement of €397,000 for under declaring VAT following an audit.
Adult shop operators Justin Parr and Jacinta Feely, of 25 South William Street, Dublin 2, made a settlement of €58,000 relating to under declared VAT.
In total the settlements on the list amounted to €13.77m and included people in a huge range of occupations including builders, bakers, doctors, a stone crusher and an embroidery service provider.
It included four settlements yielding €0.47m in respect of an investigation into offshore funds.
Landlord Patrick Christopher Farrell, of Saggart Lakes, Citywest, Co Dublin, settled for €137,000 for under declared income tax and penalties following this investigation into offshore assets.
Retired worker Thomas K Gallagher of The Beeches, Castleknock, Dublin 15, settled for €121,000 relating to under declared income tax and capital gains tax following this investigation. Retired company director Noel Hughe, of Carrickmines Wood, settled for €67,000 in under declared tax and penalties following the investigation into trusts and offshore structures.
And retired employee Nuala Malone, of Waterville, Kilquade, Co Wicklow, settled for €140,000 in tax, interest and penalties for under declared income tax.
Cigarette vendor JJ Whelan of Upper Mary Street, New Ross, Co Wexford, made a settlement of €316,000 including penalties of €116,000 for under declared excise duty and VAT.
The Revenue said it concluded nearly 2,000 audits in the three-month period from October to December 2013.
The settlements were only published when extensive voluntary disclosure options had not been taken and the default was as a result of careless or deliberate behaviour.
Penalties were not charged where a tax default was not deliberate or careless, or where there was a reasonable difference of interpretation of the relevant tax law.