Quantcast
Channel: featured – Connacht Tribune
Viewing all articles
Browse latest Browse all 5004

Connemara hotelier makes €2.3 million tax settlement

$
0
0

A Connemara hotelier has topped the list of Irish tax defaulters in the latest quarterly list from Revenue – after settling for more than €2.3 million.

Colm Redmond, of the four star Zetland Country House Hotel in Cashel Bay, had the biggest settlement in the country for the period which covers October 1 to December 31. A total of nine individuals and one company based in Galway appear on the latest list, with the local settlements totalling almost €2.9m.

Mr Redmond reached the €2.3m settlement following an audit by Revenue. It comprises more than €1.1m in tax, €860,000 in interest and €330,000 in penalties for under-declaration of income tax, VAT and Capital Gains Tax.

Tourism facilities operator Aiseanna Mara Teoranta of 56C Bowling Green in Galway, settled for just over €141,000 after an audit found VAT had been under-declared. The settlement includes just under €95,000 in tax, €17,500 in interest and €28,500 in penalties.

Pauline Whyte, a consultant anaesthetist from Barna, settled for just under €70,000 for under-declaration of income tax. That comprises €48,500 in tax, €6,800 in interest and €14,400 in penalties.

Garage owner Declan Bannerton from Station Road in Ballinasloe settled for more than €59,500 for under-declaration of income tax and VAT following a Revenue audit. The settlement comprises just under €36,000 in tax, €12,800 in interest and €10,800 in penalties.

Former company director Thomas Burke from Oranscourt in Oranmore reached a settlement for €58,500 for non-declaration of income tax, which includes €33,000 in tax, €15,000 in interest and €9,800 in penalties.

Publican Desmond O’Brien from Kilrickle, settled for almost €52,000 for under-declaration of income tax and VAT, which includes €33,000 in tax, €8,400 in interest and almost €10,000 in penalties.

Taxi driver Sean O’Grady from Riverside in Galway settled with Revenue for €48,650 for under-declaration of income tax following an audit. The settlement comprises €26,400 in tax, €10,400 in interest and €11,700 in penalties.

Bernard O’Brien from Dublin Road in Tuam, listed as a footwear retailer, was audited and reached a settlement of €45,000 for under-declaration of VAT. That comprises €24,000 in tax, €7,900 in interest and €13,000 in penalties.

PAYE worker Martin Egan from Ballydavid, Athenry was audited and reached a settlement of €43,600 for under-declaration of VAT and income tax. The settlement comprises €28,000 in tax, €7,230 in interest and €8,100 in penalties.

The final Galway name on the list is publican Elaine Fahy from Doorus in Kinvara, who settled for just under €36,000 for under-declaration of VAT and income tax following a Revenue audit.

The settlement comprises €22,500 in tax, €5,000 in interest and €8,200 in penalties.

The post Connemara hotelier makes €2.3 million tax settlement appeared first on Connacht Tribune - Galway City Tribune.


Viewing all articles
Browse latest Browse all 5004

Trending Articles