Search Results for 'Income tax'

Four Galway people made tax settlements totalling more than €1.2 million in the first quarter of this year, according to the latest list of tax defaulters released this week by the Revenue Commissioners.

The promotions firm once headed by the late entertainer Joe Dolan has been hit with a bill of almost €4 million in unpaid tax and penalties.

Q. I am a property developer with significant unrealized losses on my residential property land bank. I understand that the use of these losses has been severely restricted and I cannot use them against future income. Is that correct?

Q. I am a property developer with significant unrealized losses on my residential property land bank. I understand that the use of these losses has been severely restricted and I cannot use them against future income. Is that correct?

Q. I am a property developer with significant unrealized losses on my residential property land bank. I understand that the use of these losses has been severely restricted and I cannot use them against future income. Is that correct?

Even in the current market climate Revenue officials are continuing to focus on certain business sectors for potential tax issues. At present, we understand that a number of cash businesses in the County Galway area have been visited by Revenue officials and these visits are expected to continue.

The shock of Ireland’s economic collapse has abated. The anger is now starting to gain heat. It is disingenuous of the Government to repeat the mantra that now is not the time to look back and apportion blame, but to look forward to ways in which we can arise again. As we are all taught through the history books, it is only by looking back that we can learn and move forward. Half-hearted apologies by the Taoiseach Brian Cowen, prompted only by the prodding of RTE’s Ryan Tubridy on the Late Late Show, do no appear to wash with the electorate. Who will hold their hands up, be accountable, and take the rap?

Two Galway solicitors made the highest Revenue settlements during the second quarter of this year, according to figures released this week by the Revenue Commissioners.

Three Galway people made tax settlements totalling close to a quarter of a million euro during the third quarter of the year, according to figures released by the Revenue Commissioners this week.

IBEC West, the group that represents business in the region, has said that Government must prioritise the protection of existing employment and stimulate job creation in the upcoming Budget, while remaining resolute in reining in the public finances. The west has an unemployment rate of 13.1 per cent, which makes job creation critical to the region.