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.
