Five Donegal companies have agreed settlements with the Revenue Commissioners totalling almost €1.9m for under declaration or non declaration of tax.
The list of tax defaulters for the fourth quarter of 2019 was published on Tuesday. According to the list, the biggest agreed settlement in Donegal was haulier Jason Taylor of TLS Ireland with a registered address at Erneside Business Park, Ballyshannon. The total settlement of €656,689.00 consisted of under declaration of Income Tax, PAYE/PRSI/USC and VAT of €429,989.00, interest of €97,704 and penalties of €128,996.00. By December 31, 2019 €75,674 had been paid.
Restaurateur Derek Wong with a registered address of Dunwiley, Stranorlar agreed a settlement of €538,235.46 for under declaration of Income Tax and Vat. The total is derived from unpaid tax of €243,028.28, interest of €112,935.97 and penalties of €182,271.21. By December 31, 2019, €162,921.44 was paid to the Revenue Commissioners.
Business and management consultant Niall Tuohy of The Business Clinic, Cornagill, Letterkenny agreed a settlement of €337,181.83 for non-declaration of Income Tax and under declaration of VAT. By the end of 2019, €355 had been paid.
Plastic food container manufacturer Bhaile na Finne Plaisteach Teo with registered address Aonad 1A agus 1B, Baile na Finne agreed a settlement of €157,241.58, none of which was paid by December 31 last.
Newsagent James Edward McLaughlin of Castle Cottage, Cockhill Road, Buncrana agreed a settlement of €91,604.00 for under declaration of Capital Acquisitions Tax, Income Tax and VAT. The settlement was paid in full by the end of December.
The Revenue Commissioners have also published a list of prosecutions finalised before the courts in the last quarter of 2019.
A penalty of €38,172.90 was imposed on Don Browne of 14 The Beeches, Dreenan, Ballybofey in respect of non declaration of Capital Gains Tax of €127,243.00.
Publican Philip Ivers of Misty Hills, Dunaff, Clonmany was fined €2,500 for possession of untaxed alcohol for sale.
If you have a story or want to send a photo or video to us please contact the Donegal Live editorial team any time. To contact Donegal Democrat and Donegal People's Press, email email@example.com To contact Donegal Post, email firstname.lastname@example.org To contact Inish Times, email email@example.com.
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.