THREE County Louth businesses made tax settlements of over e130,000 after being named on the latest tax defaulters list by the Revenue Commissioners last week.
In their report from January 1 to March 31 2011, the Revenue Commissioners accepted 78 settlements nationwide with three from Louth totalling e131,995.66 of the overall total of e15.5 million.
Thomas Agnew, with an address at Courtbane, Hackballscross, Dundalk had the highest settlement of the three. Outstanding tax of e23,410 plus interest and penalties of e32,023 meant that the farmer, company director and property developer made a total settlement of e55,433 for underdeclaration of income tax following a Revenue off shore asset investigation case.
Meanwhile, Thomas Agnew and Sons Ltd building surveyors, with an address at 71A Anne Street, Dundalk also made a settlement of e23,908, comprising e7,628 in tax and e16,280 in interest for an underdeclaration of VAT following a Revenue off shore assets investigation case.
Also making a settlement was Mid-Louth take-away owner Chuen Fu Cheung, with an address at Bridge Street Ardee. Mr Cheung made a settlement of e52,654.66 in total, comprising tax of e26,807.32 and interest and penalties of e25,847.34 for an underdeclaration of VAT and PAYE/PRSI.
Eight further people or businesses from the county also received fines, totalling e12,900 – the vast majority of which were for failure to lodge income tax returns.
John McCann, a fencing contractor with an address at Athclare, Dunleer, Co Louth was fined e1,250, as was electrician Celsus Callan of Calwood House, Balregan, Kilcurry, Dundalk.
Taxi driver John Thomas Hickey, with an address at 24 Drive One, Muirhevnamor, Dundalk was fined e1,400 for two charges while there were further e1,250 fines for accountant and book keeper Joseph Callan of Glenmore, Collon, steel installer David Kelly, of Knock na Crave, Philipstown, Dunleer and plasterer, Liam Kerr of Brownstown, Monasterboice.
Haulier Neil Delaney, with an address at 11 O’Donnell Park, Clogherhead, received a e4,000 fine for misuse of marked mineral oil while there was a e1,250 fine for wind turbine and solar panel sales company Airen Services Ltd, 19 Bridge Street, Ardee for failure to lodge corporation tax returns.
A Drogheda woman also received a two year suspended prison sentence for cigarette smuggling.
In total over e1 million in fines were issued by the Revenue Commissioners nationwide.