Revenue today published the List of Tax Defaulters in respect of the period 1 July 2017 to 30 September 2017.
Persons are listed in whose case Revenue has accepted a settlement offer instead of initiating court proceedings, or a settlement has been paid in full.
There are two listings from Co. Leitrim with both marked as unpaid by September 30, 2017.
Frank Maxwell, Fohera, Ballinamore, Co. Leitrim, shopkeeper / property developer, reached a settlement of €136,218.88 for underdeclaration of income tax. This consists of €88,512.01 in tax, €21,153.26 in interest, and €26,553.61 in penalties. The amount unpaid as of September 30, 2017 stands at €132,114.88.
Kelmac Developments Ltd (now dissolved), Crannog Lodge, Toomans, Keshcarrigan, Co. Leitrim, builder, made a settlement of €42,287.89 for underdeclaration of contracts tax. The amount unpaid as of September 30, 2017 stands at €42,287.89. The directors of Kelmac Developments Ltd are listed as Daniel Kelly and Paul McCarthy.
The list reflects the amount of a settlement that remained unpaid at the end of the period (30 September 2017).
Unpaid amounts are subject to Revenue’s normal debt collection and enforcement procedures.
Settlements are published when the extensive voluntary disclosure options are not availed of and the default arises as a result of careless or deliberate behaviour
81 cases were published today and €17,430,699.03 is the total settlement amount in these cases;
34 cases were for amounts exceeding €100,000 of which 7 exceeded €500,000 and 3 of which exceeded €1m;
27 are cases in which the settlement was not fully paid as at 30 September 2017.
€11,258,541.73 was the amount unpaid as at 30 September 2017. Revenue vigorously pursues collection/enforcement of unpaid settlements. In some cases, collection/recovery of the full unpaid amount will not be possible (for example, company liquidation).