Home » Tag Archives: Revenue (page 2)

Tag Archives: Revenue

Lahinch green fee revenue down €2m

Having taken a €0.5million hit last year to stage the Irish Open, Lahinch Golf Club is now preparing for a loss of over €2 million in green fee business this season due to the Covid-19 pandemic. With international travel grounded, particularly from the States which would be a strong market for Lahinch, the grim financial outlook on green fee revenue was outlined to members in the past week by club chairman, Martin O’Sullivan who also emphasised that sales at the golf shop will also be severely impacted. “Green fee income has been severely affected by the pandemic. Projected green fee revenue from guests of members and possibly some visitors later in the year has been reduced by €2.4million to just over €100,000. “The reduction on visitor numbers will also have a direct impact on golf shop sales which has been reduced by 85% (€825,000),” he cautioned. Mr O’Sullivan said the club does not expect any overseas visitors before mid-August as …

Read More »

Drugs seizure at Shannon Airport

As a result of routine operations, Revenue officers in Shannon and Cork airports seized seven separate packages containing the controlled drug Kratom, worth a total estimated value of €66,000. Some €41,000 of the total was seized at Shannon. The drugs were in powder and capsule form and were destined for Clare, Cork and Galway. Kratom comes from a tropic tree, grown in South East Asia. At low doses it has cocaine-like stimulant effects, but at higher doses it can have sedative-narcotic effects.  It is either chewed, smoked or made into a tea and long term effects of its use can include psychosis. The controlled drugs were in powder and capsule form and were destined for addresses in Clare, Cork and Galway. Investigations are ongoing. These routine operations are part of Revenue’s ongoing work targeting smuggling and shadow economy activity. If businesses, or members of the public have any information, they can contact Revenue in confidence on Confidential Phone Number 1800 …

Read More »

Pandemic unemployment payments issued to over 500,000

LAST Friday, the Department of Employment Affairs and Social Protection issued payments to 507,000 people in respect of their application for the Covid-19 Pandemic Unemployment Payment. These payments are in addition to the 207,000 people on the Live Register on April 3 and approximately 39,000 employers have now registered with the Revenue Commissioners for the Temporary Covid-19 Wage Subsidy scheme. All Covid-19 Pandemic Unemployment Payment payments issued on Friday will be in recipients’ bank accounts or at their local post office from tomorrow, Tuesday April 7.  The level of payments reflects the unprecedented demand for the Department’s income supports since Friday March 13. In total, since launching on March 16 and excluding duplicate claims, the Department processed applications from 583,000 people for the Covid-19 Pandemic Unemployment Payment or a jobseeker’s payment.  To date, approx.19,000 people have asked to close their Pandemic Unemployment Payment. Taking account of the claims that have now been closed the Department has issued payments to 90% of people who made claims. However, approximately …

Read More »

Drugs to value of €21,000 seized in Shannon

REVENUE officers seized just over a kilogram of herbal cannabis, following a search, under warrant, of a premises in Shannon on Monday. The illegal drugs, with an estimated street value of €21,000, were discovered as a result of an intelligence led, joint operation conducted by Revenue’s Customs Service, members of the Drugs and Organised Crime Bureau and the Clare Garda Drugs Unit. A 24 year old man was arrested at the scene and is currently being detained in Shannon Garda Station under section 2 of the Criminal Justice (Drug Trafficking) Act 1996. Investigations are ongoing. If businesses or members of the public have any information regarding the smuggling or illegal sale of tobacco products or drugs, they can contact Revenue in confidence on free-phone number 1800 295 295.

Read More »

Revenue seizes herbal cannabis at Shannon Airport

Last Friday during routine operations, Revenue officers at Shannon Airport seized 4.5kgs of herbal cannabis with an estimated street value of €90,000. The drugs were found concealed in a parcel labelled as ‘clothing’, which had originated from Spain. The illegal drugs were destined for an address in County Carlow. Investigations are ongoing. If businesses or members of the public have any information regarding drug smuggling, they can contact Revenue in confidence on Confidential Phone Number 1800 295 295.

Read More »

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.

Read More »

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 …

Read More »

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 …

Read More »