Former consultant and retired priest among tax defaulters
A RETIRED medical consultant and a retired priest were among the tax defaulters in County Wexford who settled with the Revenue Commissioners during the first quarter of 2018.
Retired consultant Valerie Donnelly of Crosstown, Wexford, topped the national list with a settlement totalling €1,865,346.20 including tax, interest and penalties. The tax amounted to €1,139,573.70 with €383,900.39 in interest and €341,872.11 in penalties. The amount unpaid on March 31 was €1,801,461.57. The settlement arose from a Revenue audit case in relation to an under-declaration of tax and was the only case on the latest list which exceeded €1 million.
Retired priest Fr James Larkin of the Priest’s House, Monamolin, Gorey settled for a total of €39,069.24 including €24,725 in tax, €6,926.74 in interest and €7,417.50 in penalties in a Revenue audit case related to the under-declaration of income tax.
Other County Wexford people on the list included:
• Kenneth Bolger, a horse livery provider of Springfield Farm, Coolamain, Oylegate, who settled for a total of €169,508.50 including €79,210 in tax, €30,891 in interest and €59,407.50 in penalties in a Revenue investigation case arising from under-declared income tax;
• Ka Hoo Foo, a restaurateur trading as IPoh Restaurant of Unit 5, Knockmullen Retail Park, Gorey, who settled for a total of €83,083 including €40,533 in tax, €12,153 in interest and €30,397 in penalties in a case related to the under-declaration of income tax and VAT;
• John Holden, a landlord of Rosetown, Rosslare Strand, who settled for a total of €161,416.94 including €58,698.40 in unpaid tax, €58,694.74 in interest and €44,023.80 in penalties in a Revenue investigation case concerning the under-declaration of income tax, PAYE/PRSI/USC and Capital Gains Tax;
• Michael Thorpe, a furniture retailer of Corah, Tombrack, Enniscorthy who settled for a total of €480,308.72 including €229,789.43 in tax, €78,177.22 in interest, €172,342.07 in penalties in a Revenue investigation case into the under-declaration of income tax and non-declaration of VAT.