Presenter Cagney on Revenue’s list of tax defaulters
Mrs Brown star also there
IRELAND AM presenter Mark Cagney and Mrs Brown’s Boys star Danny O’Carroll have made settlements to the Revenue Commissioners, according to the latest list of tax defaulters.
Revenue released the latest list of defaulters yesterday from the final three months of 2018. It shows that Mr Cagney made a settlement of €37,036.87 for under-declaration of income tax and VAT.
Speaking to the Irish Daily Mail, Mr Cagney, 63, said: ‘I had a Revenue audit last year. An accounting issue arose and as soon as it was brought to my attention I settled it immediately and fully.’
Mrs Brown’s Boys actor Danny O’Carroll, son of the show’s star, Brendan O’Carroll, made a settlement for under-declaration of income tax and non-declaration of capital acquisitions tax following a Revenue audit.
His settlement cost a total of €125,920.
In total, 73 settlement cases with Revenue were published yesterday, with almost €13million paid out in total.
Some 37 of these cases were for amounts exceeding €100,000, while five were for over €500,000.
The single largest settlement was made by Seces International Trade Limited, which is based on Moore Street in Dublin. The company provides phone repair services and hair products and
Largest settlement was over €1.2m
made a settlement of over €1.2million with Revenue, but as of December 31 more than €1million of that had yet to be paid.
A haulage company, Transbound Ltd, which is based out of Upton in Co. Cork, made a settlement of €996,690.97 for underdeclaration of VAT following a Revenue investigation.
Emmet Garvey, who runs another haulage company Emmet Garvey Transport Ltd, made a settlement of €776,300.78 with Revenue for under-declaring income tax, VAT, PAYE, PRSI and USC.
Some €617,661.87 was paid in a settlement by John Carroll Car Sales based out of Westmeath, which according to Revenue has since gone into a liquidation.
Neither John Carroll Car Sales nor Emmet Garvey wished to comment last night.
Some 24 settlement cases still have outstanding amounts to pay as of December 31. Court determinations of penalties were made in six cases, amounting to €325,293.15 in total.
There were 114 cases of failure to file a tax return, a statement of affairs or VAT remit.
There were 29 cases of excise and licensing offences which included the smuggling of tobacco, the illegal selling of cigarettes, failure to hold a current liquor licence, possession of untaxed alcohol for sale, and possession of an unregistered vehicle. There was one case of obstruction of a Revenue officer, for which the court imposed a penalty of 120 hours of community service.
In the three-month period to December 31, a total of 1,120 Revenue audits and investigations, along with 22,515 risk management interventions, were settled, resulting in a yield of €132.3million in tax, interest and penalties.