Galway City publican tops the list of local tax defaulters
A well-known Galway City publican has topped the list of local tax defaulters in the latest quarterly list from Revenue.
Noel O’Dwyer of Sally Long’s pub on Upper Abbeygate Street – also described as a property developer – from the Bog Road in Oranmore, reached a settlement of more than €152,000 for the underdeclaration of income tax and VAT discovered in a Revenue audit.
That comprises more than €92,000 in taxes, €32,000 in interest and €28,000 in penalties.
Damien O’Malley, a restaurateur from Ocean Wave in Salthill, settled for more than €148,000 for the underdeclaration of VAT, PAYE and PRSI.
That includes just under €70,000 in taxes, €26,000 in interest and €52,000 in penalties.
Thomas O’Loughlin, an antiques dealer from the Headford Road, settled for €50,000 for non-declaration of VAT. The settlement figure comprises almost €30,000 in tax, €11,000 in interest and €9,000 in penalties.
Cara Diamonds (Ireland) in Briarhill Shopping Centre reached a settlement of €37,000 for the underdeclaration of VAT in a Revenue audit case.
Read more in today’s Connacht Sentinel