Five Galway settlements on latest tax defaulters’ list

Five individuals in Galway made tax settlements totalling just over €920,000 in the last quarter of 2012, figures released by the Revenue this week reveal.

The five — four people and a company — were among those named in Revenue’s quarterly list of tax defaulters.

Four of the settlements made in Galway were for six-figure sums including taxes, interest, and penalties, with the highest of these totalling €350,000.

The full list of Galway settlements on the Revenue list are as follows:

Cathal Burke

Knockdoemore, Claregalway

Soffit and fascia contractor

Tax €15,674

Interest €5,025

Penalties €11,754

Total €32,453

Underdeclaration of income tax, capital gains tax, VAT, and PAYE/PRSI. Revenue audit case.

Michael Coyne

7 Rockbarton Road, Galway

Former company director

Tax €128,797.75

Interest €134,468.57

Penalties €86,733.68

Total €350,000

Underdeclaration of income tax. Revenue offshore assets investigation case.

Patrick Creaven

Unit 7, Hughes Store, Claregalway

Hairdresser

Tax €58,592

Interest €14,904

Penalties €43,944

Total €117,440

Underdeclaration of capital gains tax, income tax, and VAT. Revenue audit case.

Galvard

Developments Ltd

Waters Edge,

New Village,

Barna

Property developers

Tax €215,044

Interest €34,557.43

Penalties €64,513

Total €314,114.43

Underdeclaration of relevant contracts tax. Revenue audit case.

Patrick J Kenny

Dominick Street,

Galway

Publican

Tax €72,955

Interest €11,525

Penalties €21,886

Total €106,366

Underdeclaration of VAT and PAYE/PRSI. Revenue audit case.

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