THE REVENUE COMMISSIONERS has made settlements worth €114.62 million from taxpayers in the three months between April and June this year.
Of the 106 cases published on today’s defaulters’ lists, 43 were for amounts over €100,000, while 11 exceeded half a million euro. There were three settlements of more than €1 million received. Altogether, the total value of the 106 settlements and determinations was €19.8 million.
The office said that €1.95 million relates to Revenue investigations into offshore funds, while €2.89 million is in connection with Revenue’s Single Premium Insurance Products Investigations Cases.
Former school principal and founder of St Joseph’s College in Borrisoleigh, Pádraig O’Shea paid €346,000 in taxes, as well as €359,000 in penalties and interest.
Model and TV presenter Glenda Gilson made a settlement of €73,000 with the commissioners for the under-declaration of income tax and VAT.
Claude Borza, from the family takeaway chain, was listed after making a €50,000 settlement, while retired money lender John Hall found himself on the wrong-end of a €720,000 settlement.
The three largest settlements of over €1 million were paid by company director Barry McDonald of Glanmire, retired company director David Delahunty of Rathmines and drapers De Gee Limited in Dublin 6.
Fr Martin Boyle, a psychotherapist working in Tallaght, also paid a €73,000 settlement to Revenue following the under-declaration of income tax. It followed a revenue investigation.
There were 420 cases of smaller fines and penalties imposed by the courts, amounting to €1.3 million. This list includes every person who failed to file a return, filed an incorrect return, illegally sold tobacco, smuggled cigarettes or was found guilty of various excise and licensing offences.