Kildare tax settlements net over E4.8m

KILDARE businessmen, farmers and developers have handed over in excess of E4.8 to the Revenue Commissioners to settle their tax affairs, it was revealed last Friday September 16.

KILDARE businessmen, farmers and developers have handed over in excess of E4.8 to the Revenue Commissioners to settle their tax affairs, it was revealed last Friday September 16.

The tax defaulters list details cases where in excess of E12,700 has been paid to settle tax, interest and penalties depending on the period of time in which the liabilities occurred. From April 1 to June 30, five people with connections to Kildare made settlements.

The largest settlement in the entire national list was made by Eassda Ireland Ltd which forked out over E3.6 million. The property developers of 745 Antrim Road, Templepatrick, Co. Antrim, developed golf courses at Moyvalley in Kildare and New Forest in Meath.

Gerard Considine, former company director, of Woodview, Clonkeen, Carbury, settled with revenue for E513,499.

Company director, Peter McCormack of 100 Crodaun Forest Park, Celbridge handed over E110,000 in under declared income tax, and VAT.

Farmer, Oliver Osborne of Farmerstown, Athy paid E303,698 for the under declaration of income tax.

Fellow Athy farmer, Patrick Osborne of Fontstown also handed over the sum of E303,698.

Audits and investigations nationwide yielded a total of E113 million over the three month period.