Tuesday 21 November 2017

Former fashion boutique owner hit with €3.2m bill by Revenue Commissioners

Revenue: Stock image
Revenue: Stock image
Cathal McMahon

Cathal McMahon

A former boutique owner has agreed to pay the Revenue Commissioners almost €3.2million in unpaid taxes and penalties, it has been revealed.

The Revenue Defaulters list for the second quarter of the year shows that Nora Filtness, from Castlepollard, Co Westmeath owes more than €2.1m in taxes - split between income tax and interest.

Revenue levied another €1.06m in penalties on top of that, bringing the total bill to just below €3.2m.

As of June 30, 2017 the total amount remained unpaid.

This was the largest single settlement in the list from April 2017 to June 2017, published earlier today by the Revenue Commissioners.

In total there were 58 settlements totalling almost €11.1m for the period.

Almost €5.7m of this had not been paid as of June 2017.

A further €733,800 in fines and back-taxes was levied through 231 court determinations.

After Ms Filtness there were three further settlements in excess of €500,000.

Painting contractor Edward Galvin agreed to pay almost €634,000; Martin Downes, a builder from Boyle Co Roscommon settled for almost €521,000; and KC Tyre centre in Limerick, which is now in voluntary liquidiation, must pay €515,000 for under declaration.

Revenue said these published settlements reflect only a portion of all Revenue audits and investigations.

In the three month period to June 30, 2017, a total of 1,387 Revenue audit and investigations, together with 23,877 Risk Management Interventions (Aspect Queries & Profile Interviews), were settled, resulting in yield of €115.13 million in tax, interest, and penalties.

Online Editors

Promoted Links

Today's news headlines, directly to your inbox every morning.

Promoted Links

Editor's Choice

Also in Irish News