Revenue spills the tea on tax defaulters – even dairy farmers and ex-ministers can’t escape!
In a surprising twist of fate, the Revenue Commission has revealed its latest list of tax defaulters for the period of July to September 2024, shining a light on some unexpected names. Topping the infamous list is a property development firm, which made headlines after settling a whopping €6.7 million tax bill. This staggering figure underscores the importance of tax compliance in Ireland's booming property market, where the stakes can be as high as the buildings themselves!
Adding a splash of rural flavor to the drama is a dairy farmer from Co. Kerry, who has also found himself among the defaulters. Not only did he fail to lodge his income tax returns, but he also received a fine for under-declaring capital acquisitions. This illustrates that no one is above the law, not even the charming folks from the lush green fields of Ireland. Farming is no small business, and the pressure to keep everything above board is as real as a good morning in the fields!
The list isn't just limited to farmers, though. Former junior minister Ivor Callely has also made headlines, settling an impressive €172,937 due to under-declared VAT from his car dealership. It's a stark reminder that even those in power can stumble when it comes to tax obligations. The Revenue Commissioners are serious about compliance, and it seems that political clout won’t save anyone from the taxman’s watchful eye – or hefty fines!
Surprisingly, the total fines imposed across the country amounted to nearly €79,000 over 29 cases, while 36 settlements rounded out to a staggering €15 million. It seems the tax defaulter spotlight is shining brighter than ever, with individuals and businesses from all sectors feeling the pinch. Whether you're rich in land or just rich in spirit, this serves as a cheeky reminder – it’s time to get your tax affairs in order!
So, the next time you’re at your local pub discussing who’s been dodging the tax man, remember this – from dairy farmers to former politicians, it seems nobody knows how to hide from the Revenue. And if you think you're clever, the taxman has a way of exposing even the best-kept secrets. Raise your pint to compliance; it’s the best way to keep those pesky taxman shadows at bay!
Today (10/12/2024), Revenue published the list of tax defaulters in respect of the period 1 July to 30 September 2024.
A property development firm has topped the latest Revenue tax defaulters list, after it reached a settlement of €6.7m with the tax collector.
A dairy farmer from Co. Kerry is among those who have been named in the latest List of Tax Defaulters published by Revenue. Revenue has today (Tuesday,
A collapsed building company set up by Twinlite developers Rick and Michael Larkin has been named in the latest list of tax defaulters after reaching a €6.7 ...
It shows that three farmers failed to lodge income tax returns, while a dairy farmer from Co Kerry was fined for the under-declaration of capital acquisitions ...
The former Fianna Fáil junior minister Ivor Callely has made a settlement of €172937 with the Revenue Commissioners.
The case related to the under-declaration of Vat at his car dealership.
It shows nationally, the courts imposed fines of over €79000 ( €79882.50) in 29 cases, while 36 settlements worth €15 million.