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20 Jan 2022

Laois tractor dealer on Revenue's latest List of Tax Defaulters

Host of companies have reached settlements with Revenue but face hefty bills

Laois tractor dealer on Revenue's latest List of Tax Defaulters

Tractor dealer makes big settlement with tax man.

A Laois tractor dealer has been stung for more than €160,000 by the Revenue Commissioners for under-declaration of tax.

Brendan Casey of Castlecuffe, Clonaslee is described as an agricultural machinery dealer in the latest published tax defaulter's list. He under-declared VAT due.

Following an audit Mr Casey agreed to settle his tax liability for €162,768.76. The tax owed was  €101,312.00 while the interest was €31,063.16. The penalty levied on him was €30,393.60. 

Two Offaly companies were also included in Revenue's latest List of Tax Defaulters for the period 1 October 2017 to 31 December 2017.

Killaderry Logistics Ltd, an agricultural machinery contractor based in Daingean, has been hit with a total bill of €126,763 by Revenue. That figure is made up of €65,761 of tax, interest of €11,681 and penalties of €49,321. It resulted from a Revenue Audit Case for under-declaration of VAT, PAYE/PRSI/USC and Corporation Tax.

Newton Plant Hire, based in Rathrobin, Mountbolus has been hit with a bill for €60,158 by Revenue. That figure is made up of tax of €41,014, interest totaling €6,840 and penalties amounting to €12,304. It resulted from a Revenue Audit Case for under-declaration of Income Tax, VAT and PAYE/PRSI/USC.

In total 64 cases were published today by Revenue and €10,217,360.36 is the total settlement amount in these cases. 

The largest settlement for €1,042,236.97 was for Dunbar IT Consulting in Dublin

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

In the three month period to 31 December 2017, a total of 1,295 Revenue audit and investigations, together with 21,606 Risk Management Interventions (Aspect Queries & Profile Interviews), were settled, resulting in yield of €108.03 million in tax, interest, and penalties.

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