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Tag Archives: Revenue

Two Clare businessmen on tax defaulters list

Two Clare businessmen have been named on the latest list of tax defaulters, which has been published by Revenue. Described as a haulage and forestry services provider, Enda Hall of Clonloum, O’Callaghans Mills has paid a settlement of €43,194 forthe underdeclaration of VAT and income tax. The amount comprised €28,485 in tax, €6,164 in interest and €8,545 in penalties. Gabriel Vaughan of Poulawillin in Miltown Malbay, who is described as a DVD/video rental service provider, has made a settlement of €38,744.83, made up of €21,310.49 in tax, €11,041.19 in interest and €6,393.15 in penalties. Mr Vaughan’s revenue audit was for non declaration of VAT.

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Revenue seize cannabis at Shannon Airport

Revenue officers at Shannon Airport seized 1.1kg of herbal cannabis with an estimated value of €22,000 on Thursday when, as a result of routine profiling, they stopped and searched a passenger who had arrived on a flight from Tenerife. In announcing the siezure today (Friday), Revenue said the drugs were discovered in the checked in baggage of the passenger, a 31-year-old Lithuanian man. He was arrested by gardaí and detained at Ennis Garda Station. Separately, yesterday, Revenue officers carried out a search under warrant of a house in Cahir, County Tipperary, and seized over 2,500 cigarettes, branded ‘Richman’, ‘John Bull’ and ‘M1’. The cigarettes have a retail value of almost €1,500, representing a potential loss to the Exchequer of around €1,300. These operations are part of Revenue’s on going operations targeting the illegal importation, supply and sale of drugs, tobacco products and alcohol in the shadow economy. If businesses or members of the public have any information regarding the smuggling or …

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Contractor avoids jail in €2.5m fraud case

AN Ennis building contractor who was “ill prepared” to be in charge of a company employing hundreds of people, has escaped jail but been fined €10,000, having committed “significant Revenue fraud of €2.594 million”. Patrick Mahony, 49, with an address at Craglea, Woodstock was sentenced at Ennis Circuit Criminal Court on Tuesday, having pleaded guilty to five charges out of a total of 16 under the Taxes Consolidation Act 1997. The accused was a former director of Boxform Limited, now in liquidation, a company that had a turnover in excess of €8m at its peak and employed up to 350 people nationwide. The outstanding tax liability across the 16 charges, the court outlined, came to €2,594,446. The five charges are that Mahony, as a director of Boxform Limited, “knowingly or wilfully” delivered incorrect VAT returns to the Collector General in connection with the VAT periods of January/February 2006, November/December 2006 and November/December 2007. He also admitted to failing to file …

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Garda warning on telephone scam

GARDAÍ have issued a warning of a recent telephone scam where a male or female caller states they are from Revenue and seeks immediate payment of a tax bill over the phone. The public are advised that the scammers may also give a telephone number to call back, in order for you to give your credit card details. Gardaí have warned that callers making these demands are not calling from Revenue. “An Garda Síochána would like to remind the public to be wary of any contact from an unsolicited source, whether it is by telephone or email. Do not give out your credit/debit card, bank account or PPS number to anyone who makes contact with you over the phone. An Garda Síochána, Revenue, nor any financial institution will ever call you and ask for your PPS number or bank account details,” a garda spokesperson said. If a member of the public receives a call from anyone requesting any personal or …

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Garda alert on phone scam

Gardaí have issued an alert about a telephone scam where a male/female caller states they are from Revenue and seeks immediate payment of a tax bill over the phone. They may also give you a telephone number to call back to give your credit card details. This caller is not calling from Revenue. This is a scam and An Garda Síochána would like to remind the public to be wary of any contact from an unsolicited source, whether it is by telephone or email. Do not give out your credit/debit card, bank account, or PPS Number to anyone who makes contact with you over the phone. An Garda Síochána, Revenue, nor any Financial Institution will ever call you and ask for your PPS number or bank account details. If a member of the public receives a call from anyone requesting any personal or financial information, they should end the call and report the matter to their local Garda Station, to …

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Bridge Complex governance under scrutiny

THE Sixmilebridge and District Community Complex is facing an uncertain future following the revelation that the complex has not submitted audited accounts in compliance with regulations for 10 years. Growing dissatisfaction with the lack of proper governance of the centre has prompted calls for an extraordinary general meeting to facilitate the necessary changes to ensure its future survival. A Clare Champion investigation has revealed that the Registry of Friendly Societies (RFS) cancelled the centre’s registration on April 17, 2015 over its failure to submit annual audited accounts to the registrar. It also found that November 21, 2007 was the last time that annual audited accounts were lodged with the RFS for the year ending December 31, 2006. The Bridge Complex is the umbrella organisation for one of the biggest not-for-profit organisations in the county. Its childcare facility employs 30 people and looks after about 100 children five days a week. It also runs a daycare centre and a playground, which …

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€5m cocaine seizure at Liscannor

REVENUE seized approximately 75kg of cocaine, with an estimated street value of over €5 million, near Liscannor yesterday. The drugs were discovered with assistance from the general public through the Customs Drugs Watch Programme. Acting on a report from a member of the public, Revenue Customs officers from the South West region discovered a suspicious item on the shore near the North Clare fishing village, between Lahinch and the Cliffs of Moher. The “torpedo type” device was found to contain approximately 75kg of cocaine. The concealment may have been attached below the waterline of a cargo ship or other maritime vessel; however, it is not possible at this stage to say either where the drugs originated, or their intended destination. The public are asked not to put themselves in danger by approaching or interfering with suspicious items such as this. The Customs’ Drugs Watch Programme encourages those living in coastal communities, maritime personnel and people living near airfields to report …

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Revenue acknowledge ‘voluntary compliance’

Revenue collected €45.79 billion for the Exchequer last year, an increase of 10.6% on 2014, it has been confirmed. This is the fifth successive annual increase in returns to the Exchequer and the second highest figure for net receipts in the history of the State (only 2007 was higher, at €47.5 billion). Almost all taxes and duties recorded substantial increases with Corporation Tax up 49%, Capital Gains Tax up 28%, and VAT up 7%.” Referring to a strong voluntary compliance culture, Niall Cody, chairman of the Revenue Commissioners, acknowledged the contribution of individual taxpayers, businesses and tax and customs practitioners in the achievement of these results. “I am pleased to report that, for all taxes, the overwhelming majority of customers continue to pay and file on time,” he said at the launch of Revenue’s 2015 annual report. Speaking about Revenue’s objective to provide more services through digital channels, Mr. Cody highlighted some of the advances made during 2015. Turning to …

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