Two Offaly companies included on Revenue's latest List of Tax Defaulters

The two companies have reached settlements with Revenue but face hefty bills

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Two Offaly companies included on Revenue's latest List of Tax Defaulters

Two Offaly companies included on Revenue's latest List of Tax Defaulters

Two Offaly companies have been 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.

Also included on the list is an agricultural machinery dealer based just across the border in Castlecuffe, County Laois. Brendan Casey's total settlement with Revenue comes to €162,768.76. It resulted after a Revenue Audit Case for under-declaration of VAT.

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.