103 defaulters were fined for failing to meet their tax obligations during the first three months of this year
A total of 103 defaulters appear on the latest list, which raised some €21.3 million in settlements and penalties for the exchequer.
The largest being former property developer who was recently jailed for one year after he admitted evading €1.5 million in tax, has made a settlement of €3 million for the under declaration of income tax, the latest defaulters list reveals.
Alan Miller of Kilgobbin Road, Stepaside, Co Dublin pleaded guilty to six counts of failing to file returns for VAT, income tax and capital gains tax in court in January.
Property developers were among the biggest payers to settle with Revenue during the first quarter.
Sean and Anthony Deane, who together ran the Sandyford-based building company Deane Homes, made a settlement of €2.65 million for under declaration of VAT, while Joseph Simon, a developer with an address at Corrigeenroe in Boyle, Co Roscommon, made a settlement of €1.52 million, also for under declaration of VAT and non-declaration of capital gains tax.
Among the other big payers to settle with Revenue were car dealer Stephen Fisk, from Summerhill, Co Meath, who made a settlement of €1.27 million for under declaration of VAT.
Event’s organiser Avril Bannerton, managing director of the Taste of Dublin festival, which opens this week, made a settlement of €120,000 for under declaration of VAT. Ms Bannerton, a former Image businesswoman of the Year award winner, is also behind a number of other well known productions, including the Top Gear and 7-Up on Ice festivals.
The company behind Thurles Racecourse made a settlement of €304,838 for under declaration of VAT while Zed Candy, a Dublin-based sweet company run by former Entrepreneur of the Year nominee Brendan Roantree, made a similar settlement for €390,439.
6 of the 103 settlements published, yielding €0.71m, relate to Revenue’s investigation into Offshore Assets/Funds.
Others to appear on the latest defaulters list include medical consultants, company directors, publicans, farmers, consultants and restaurateurs.
Risk Management Interventions (Aspect Queries & Profile Interviews) were settled in the period 1st January 2015 to 31st March 2015 resulting in yield of €171million.
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