Sunday 15 September 2019

Former taxman pays €4m back to the Revenue

Music promoter and medical consultants among those who fell foul of Revenue Commissioners

Concert promoter Oliver Barry
Concert promoter Oliver Barry
John Mulligan

John Mulligan

Doctors, farmers and even a former tax inspector are among defaulters who coughed up more than €23m in tax and penalties to the Revenue Commissioners during the final quarter of 2014.

The former Revenue Commissioners tax inspector - James Daly - made a settlement of more than €4m.

Formerly of 'Kinvara', Woodleigh Park on Model Farm Road in Cork, Mr Daly made the settlement in relation to the under-declaration of income tax. He's listed as an accountant and tax consultant.

Mr Daly is understood to have worked at one stage for the Revenue Commissioners for about eight years.

In 2012, a warrant was issued for his arrest after he failed to turn up in court to answer questions related to €4.5m in debts owed to ACC bank and the Revenue.

Concert promoter Oliver Barry made a €2.2m settlement for under-declaration of income tax and VAT.

With an address at Hollystown, Hollywood Rath in Mulhuddart, Dublin, Mr Barry brought international stars such as Michael Jackson and Prince to Ireland for concerts back in the 1980s and 1990s.

He opened a golf course at Hollystown in 1992 and was a one-time investor in Century Radio.

Of the 99 cases just made public by the Revenue Commissioners, 35 were for amounts exceeding €100,000, of which eight were for more than €500,000, and six of those for over €1m.

A number of consultants and GPs also made substantial settlements with the Revenue Commissioners, after the agency targeted the medical sector in a crackdown.

William Boyd, a consultant with an address at Eccles Street in Dublin, settled for more than €353,000.

That related to an under-declaration of income tax. He is a consultant gynaecologist.

Another medical consultant, Michael Gannon, with an address at Dartmouth Square in Ranelagh, Dublin, made a €347,000 settlement.

A firm called Prof F Malone, with an address at Adelaide Road in Glasthule, Co Dublin, settled for €438,000.

The firm's directors include Professor Fergal Malone. He is one of Ireland's leading obstetric consultants and is chairman of the department of obstetrics and gynaecology at the RCSI school of medicine in Dublin.

Desmond Winter, a consultant who performs colorectal surgery, settled for €477,000.

He is listed with an address at St Vincent's Private Hospital in Dublin.

Businessman Geoff Carragher, of Aughnavilla, Geashill in Co Offaly, settled for €144,000.

He is the founder and chief executive of CM Ventures, a company that trades as Elimbac. It manufactures disinfectant systems.

Ashar Bari, who was the managing director of fashion retail business Barry & Sons, settled for €187,000. He has an address at Brennanstown Vale, in Carrickmines, Dublin. Other family members also made settlements with the Revenue.

Barry & Sons operated 12 stores that traded under the 'Japan' name, and also had a number of Haagen Daz outlets in the capital. The family also made a previous settlement.

A settlement of €2.2m was made by a company called BOD Investments (Ire), with an address at St Mary's Road, Midleton, Cork. The firm, now in liquidation, is listed as being a fund manager and was hit for under-declaration of capital gains tax, Vat, PAYE and PRSI.

Wayne McCarthy, a car dealer and company director of Florence House, Strawhall, Fermoy in Cork, made a €1.1m settlement with the Revenue Commissioners.

He worked at the John McCarthy Motors business in the town. It had opened in 1961 and closed in the summer of 2011.

Kenneth Joyce, a car dealer with an address at The Square, Headford, Galway, made a €1.1m settlement. He owns Joyce Motors in Headford.

A settlement for €1.3m was made by financial consultant Thomas McCarthy with an address at Rossbrin, Kill Lane, Foxrock in Dublin.

Tax Defaulters List - March 

Irish Independent

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