Company director in €2.3m tax settlement tops list
A Revenue Commissioners investigation into offshore funds and a finding of under-declaration of income tax led to a €2.3m settlement by a company director.
The largest single settlement in the tax defaulters list for the first three months of this year was €2,354,773, involving company director Dean Anthony, of Woodhaven, Milltown Bridge, Dublin.
The €2.3m figure consisted of €744,088 in tax, €1,052,619 in interest, and €558,066 in penalties.
For the first time, the Revenue Commissioners used new powers to publish details of amounts unpaid that remained outstanding.
This included details of the second-highest settlement - €891,592 - involving McGee Service Station and Oil Distribution Ltd, which is in liquidation, listed as petrol station operators at Moate Road, Kilbeggan, Co Westmeath.
A Revenue audit revealed an under-declaration of VAT and PAYE/PRSI.
The settlement included penalties of €347,476. The amount of the settlement remaining unpaid was €822,918.
The next biggest settlements involved:
Tom Moran & Son Car Sales Ltd of Bannow Moor, Bannow, Co Wexford, which reached a settlement of €602,465 regarding the under-declaration of VAT;
Searing Insights Ltd of Frankfort Building, Dundrum Road, Dublin, which is a business management consultancy that was the subject of a Revenue audit for under-declaration of corporation tax, income tax, VAT and PAYE/PRSI. The settlement was for €584,271;
Cappawhite Plant Hire Ltd of Ballyahane, Cappawhite, Co Tipperary, in liquidation, which was audited for under-declaration of VAT, and subject to a settlement of €555,439. The amount remaining unpaid on March 31 was €530,123.
A wide variety of individuals and companies were included in the 86 names involved in settlements totalling more than €14m.
More than 40 of them were for settlements of more than €100,000, including medical consultants, company directors, a bricklayer, a London-based barrister, and a car boot sale facilitator.
There were 29 cases in which settlements were not fully paid, involving more than €4m, but a Revenue spokesman said that such payments would be "vigorously" pursued.
Court-imposed fines, penalties, and prison sentences for tax and duty offences were also listed.
These included three prison sentences for oil laundering, involving a farmer and an oil distributor from Co Monaghan and a man from Co Armagh.
There were some 143 cases of failure to file a tax return, failure to remit tax, failure to maintain books and records, or delivery of an incorrect return.
Court fines of between €12,000 and €750 were imposed.
Other court penalties included imprisonment and some suspended prison sentences.
There were three cases of claiming VAT repayments to which people were not entitled, and the courts imposed partly suspended prison sentences.
There were 58 cases of misuse of marked mineral oil and fines of between €7,500 and €2,500 were imposed on those individuals.
There were 45 cases of excise, licensing and VRT offences, including smuggling of tobacco or alcohol, illegal sale of cigarettes, keeping untaxed tobacco for sale, possession of counterfeit alcohol for sale, and illegal betting.
For these offences, there were suspended prison sentences, community service orders and fines of up to €2,500.