Revenue nets more than €4m from 11 tax defaulters in first quarter

Revenue-Commissioners News

Revenue nets more than €4m from 11 tax defaulters in first quarter
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Landlord Christian Carter and a Clonmel motor dealer make biggest settlements on quarterly list of tax defaulters

Revenue collected more than €4 million from settlements with 11 tax defaulters in the first three months of 2024, with four of the settlements exceeding €500,000, its latest quarterly list of tax defaulters shows.

Clonmel Auto Sales Limited, a Co Tipperary motor dealer trading as Premier Autos, with an address on Queen Street in Clonmel, made a settlement for €558,818, the second highest in the quarter. This was prompted by a Revenue audit that uncovered underdeclaration of VAT. Electronic systems provider Accutron Limited, based in Eastway Business Park in Co Limerick, made a €498,027 settlement after underdeclaring PAYE, PRSI, USC and corporation tax.

Among the five other settlements published this quarter were two cases that were prompted by a type of Revenue compliance intervention known as a Level 2 risk review.

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