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Tag Archives: Revenue

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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Drugs seizure in Limerick

As part of an intelligence led, joint operation, with An Garda Síochána, Revenue officers today (Monday) seized 1.6 kgs of Cannabis Herb with an estimated street value of approximately €32,000 at Newcastle West, Limerick. The drugs had been sent in freight from the Netherlands. Two men, aged 32 and 46, were arrested, by gardaí and detained at Henry Street Garda Station, under the provisions of Section 2 of the Criminal Justice (Drug Trafficking) Act 1996. Investigations are continuing.

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Increasing numbers paying water charges

Irish Water has confirmed that 61% of customers are now paying water charges at the end of the third billing cycle compared to 55% at the end of the second cycle and 44% at the end of the first billing cycle. 928,000 customers have now paid part or all of their bills, an increase of 98,000 customers who began paying charges for the first time in the past three months. Total revenue from charges paid to date by domestic customers is €110.8m. Revenue received during the third billing cycle was €42.3m,an increase from €38m in the second billing cycle and €30.5m in the first billing cycle. Overall payment levels from bill cycle three therefore show both an increasing number of customers now paying water charges, and increased revenue received to help fund the repair and improvement of water services in Ireland. “Irish Water plans to spend €522m in starting to address the major deficits in Ireland’s drinking water and wastewater …

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Revenue seize cash at Shannon Airport

In an intelligence-led operation, Revenue officers seized €8,700 from a Polish man at Shannon Airport on Monday. The seizure was made when the man, in his thirties, was stopped and questioned by Revenue officers prior to boarding a flight to Krakow. Officers seized the cash in accordance with proceeds of crime legislation and were granted a three month detention order today (Tuesday) by Judge Patrick Durcan at Ennis District Court to facilitate further investigations.

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Gardaí target criminals’ wealth

CLARE gardaí, the Criminal Assets Bureau and Revenue are to be involved in a multi-agency response to deal with local families and individuals who have unaccountable wealth and are “obviously involved in criminality”. Chief Superintendent John Kerin, head of the Clare Garda Division, said a lack of garda investment over a five or six-year period during the recession prevented a long-term strategic approach to investigating these families and individuals. However, he is confident that the resources are now in place to carry out numerous investigations in the county and ascertain if the wealth and assets that some have acquired were legitimately obtained. “I had a meeting last week with my officers and I want to target a number of families and individuals myself in this county, who are obviously involved in criminality, whether it is drug-dealing, money-lending or whatever, but who are showing the signs of wealth and who don’t have a visible means of income,” he said. “I certainly …

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Offensive weapons seized in Kilmihil

Officers from Revenue’s Customs Service seized a quantity of offensive weapons following a search, under warrant, of a private residence near Kilmihil today (Tuesday). The operation was conducted following an investigation into the attempted importation of a number of stun guns through the postal system. The weapons seized included stun guns, nunchucks, knuckle dusters, extendable batons, a flick knife and an air pistol. Members of An Garda Síochána assisted with the operation and investigations are ongoing.

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Customs seize cigarettes and car

In an intelligence-led operation this morning (Monday) officers from Revenue’s Customs Service seized 30,060 cigarettes with a retail value of approximately €15,000 and a car in Ennis. The cigarettes were seized following the execution of search warrants at a private house and a business premises in Ennis. Revenue’s tobacco detector dog Harvey gave a positive reaction to packages and boxes found to contain cigarettes. Brands seized include West, Winston Slims, Rothmans Slims and Marlboro. A Russian man in his thirties was questioned by officers from Revenue’s Customs Service and the investigation is ongoing with a view to prosecution. Members of An Garda Síochána also assisted with this operation. This seizure is part of Revenue’s on-going operations targeting the supply and sale of illegal cigarettes in the shadow economy. If businesses or members of the public have any information regarding the smuggling or sale of illegal cigarettes or tobacco, they can contact Revenue in confidence on free phone number 1800 295 …

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Revenue seizes 18kgs of tobacco at Shannon Airport

Revenue has seized 18kgs of tobacco at Shannon Airport this Thursday morning. The seizure was made as a result of routine profiling when officers from Revenue’s Customs Services at Shannon Airport discovered 18kgs of roll your own tobacco with a retail value of approximately €7,000. The “Amber Leaf” tobacco was discovered in the luggage of an Irish male who had arrived on a flight from Tenerife. Investigations are ongoing and a file is being prepared with a view to a prosecution. The seizure represents a potential loss to the Exchequer of €5,800. This is assuming that it would have displaced the equivalent full tax paid quantity of cigarettes and tobacco. This seizure is part of Revenue’s on-going operations targeting the supply and sale of illegal cigarettes in the shadow economy. If businesses or members of the public have any information regarding the smuggling or sale of illegal cigarettes or tobacco, they can contact Revenue in confidence on free phone number …

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