Cork businesses and Irish TV stars included in Revenue's list of tax defaulters

Cork businesses and Irish TV stars included in Revenue's list of tax defaulters
Danny O'Carroll pictured with wife and fellow actor Amanda Woods. 

A Cork haulage company has been ordered to pay just short of €1 million to Revenue in respect of underdeclaration of VAT.

Haulage company Transbound Limited, with an address at Upton near Innishannon, agreed to pay €387,068.35 in tax, €319,321.36 in interest and another €290,301.26 in penalties, following a Revenue investigation.

€609,622.64 of the €996,690.97 total remained unpaid as of December 31 2018.

The amounts owing by the Cork company were revealed when the Revenue published its latest list of tax defaulters, in respect of the final quarter of last year.

Transbound Ltd was one of five Cork individuals or companies listed in whose case Revenue has accepted a settlement offer instead of initiating court proceedings, or a settlement has been paid in full.

Also included on the list was clothes retailer Siobhan Leahy from Carrigaline, trading as Little Rascals, who paid a total of €193,183 to Revenue, in respect of underdeclaration of VAT.

Another 13 businesses or individuals with Cork were fined or penalised for a range of reasons, including underdeclaration of tax, failure to lodge income tax returns, and illegal selling of cigarettes.

Broadcaster Mark Cagney and Mrs Brown's Boys actor Danny O'Carroll were also on the list. Mr Cagney paid just over €37,000 in tax interest and penalties for under-declaration of tax and VAT, while Mr O'Carroll handed over more than €125,000 after an audit.

These settlements reflect only a portion of all Revenue audits and investigations.

In the three-month period, a total of 1,120 Revenue audit and investigations, together with 22,515 Risk Management Interventions, were settled, resulting in yield of €132.3m in tax, interest, and penalties.

In the highest-value case, Dublin-based company Seces International Trade Limited, operating as a phone repair shop, was ordered to pay more than €1.2m, in respect of under-declaration of Corporation Tax, VAT and PAYE/PRSI/USC.

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