A local builder was amongst the 106 people who made settlements with the Revenue Commissioners totalling almost €20m in the three months to June 2012.
James Reynolds, Abbeycarton, Longford made a settlement totalling €78,120 for under declaring income tax, VAT, relevant contracts tax and PAYE. The total amount includes tax, interest and penalties.
Not all tax settlements are published in the quarterly list – only those where the default is as a result of careless or deliberate behaviour, according to the Revenue.
Where a taxpayer has voluntarily furnished information to the tax authorities relating to undisclosed tax liabilities, and paid the tax and interest due, settlements or determinations are not published.
In total, settlements of €90,620 are due from nine Longford individuals or companies. Nationally, in the three-month period to June 30, 2012, settlements, or determinations, totalled €19.8m. Of the 106 published cases, 43 were for amounts exceeding €100,000, of which 11 exceeded €500,000 and three of that 11 exceeded €1m.
Names and addresses in Longford, as presented by Revenue:
Under-declaration of income tax, VAT, Relevant contracts tax & PAYE/PRSI: James Reynolds 28 Abbeycarton, Longford. €78,120 (Tax: €54,972 Interest: €7,958. Penalties: €16,192)
Failure to lodge income tax return(s): Gerard Bransfield, Ballinalee, Co Longford. Dog treadmills, car repair, spray painting €1,250. Patrick Martin Morgan, Loughill, Coolarty, Edgeworthstown, Mechanic, €1, 250. Martin Quinn, Listubbit, Ballymahon, Painter and decorator, €1,250. Anthony Reynolds, Barne, Edgeworthstown. Agricultural contractor, €1,250. Jarlath Waldron, 9, Pearse View, Longford. Sales Agent, €1, 250. Thomas Ward, Lenaboy, Edgeworthstown. Builder €1,250.
Misuse of marked mineral oil: Gabriel Casey, Ardandra, Carrickboy. €2,500. Patrick Reilly, Ballinroey, Dring. €2, 500.