Kildare horse trainer makes settlement with Revenue for over €2m

Tax defaulters list

Niamh O'Donoghue

Reporter:

Niamh O'Donoghue

Email:

niamh.odonoghue@leinsterleader.ie

Kildare horse trainer makes settlement with Revenue for over €2m

File photo

A Co. Kildare horse trainer has agreed a €2m settlement with the Revenue Commissioners.

James Leavey of Friarstown, Kildare town had a tax bill of €1,045,195 for the under declaration of Capital Gains Tax. Interest totaling €444,626 and penalties of €752,958 were added bringing the total amount owed to €2,242,779, which was unpaid by the end of September 30.

There were eight other Kildare business people that featured in the latest tax defaulters list which was released after lunchtime today.

Painting and tiling contractor, John Sheridan of 304 Courtown Park, Kilcock had a tax bill for €654,580, which rose to €1,496,731 when interest and penalties were applied by the Revenue. He was hit with the bill for the under declaration of income tax, relevant contract tax and VAT. This was unpaid by September 30.  

Grocer and fuel merchant, Nisar Khan of Painstown, Donadea owed €382,877 in tax for the under declaration of income tax and VAT. Penalties and interest brought his settlement up to €825,672, which was unpaid by the end of September. 

A home heating supplier from Leixlip made a settlement of €55,465 for under declaration of income tax and VAT. Paul Lynam of 64 Castletown, Leixlip’s original tax bill amounted to €24,725.

Hairdresser/landlord, Anthony O’Grady, Rosemount House, 3 Cluain Lara, Two Mile House coughed up €59,126 including tax, interest and penalties for the under declaration of income tax. 

Anthony and Lisa O’Grady of Unit 5, Tesco Shopping Centre, Maynooth Road, Celbridge paid a settlement of €89,873 for the under declaration of VAT and PAYE, PRSI and USC. The original tax bill for the HUBU Salon was €54,248.

Meanwhile, RIMA Productions Ltd of Waterside House, Waterstown, Sallins, settled its tax bill, interest and penalties for €160,452. 

Flooring contractor, ERM Flooring Ltd, of Hillsborough, Newbridge owed €30,504 in tax for the under declaration of VAT, but when interest and penalties were applied it amounted to €54,182.

Glen Healy Construction Ltd, of Thomas McElwain Terrace, Newbridge was fined €5,000 for the use of unmarked mineral oil.