A well-known horse trainer, a Dublin-based sports retailer and a Co Westmeath travel agency all feature on the Revenue's tax defaulters' list, which was published today.
Former Irish Derby winner Christy Roche, who retired from the saddle in August 1998 and now trains horses almost exclusively for JP McManus, received fines totalling €94,974 for failing to declare €70,494 in taxes and holding offshore accounts, according to the latest list which covers the period between June and September 2011.
Revenue audits and investigations yielded a total of €92.7 million in the three months ended September 30th. The settlements published in the list totalled €18.95 million.
A total of 84 taxpayers feature in the latest list, of which 40 were for amounts exceeding €100,000 with four of these exceeding €1 million.
Separately, Bernard Carroll, a property dealer and landlord who is also the owner of the racehorse Numbersixvalverde, which won the 2005 Irish Grand National and the 2006 Aintree Grand National, agreed a tax settlement with Revenue for €332,320.
Two Dublin-based men, who are both directors of the same three companies, received agreed settlements of almost €2 million for failing to declare tax and holding offshore accounts. Josef Katz, with an address in Terenure, agreed a settlement for €1.57 million while Robert Katz, with an address in Kimmage, settled for €443,850.
Another Dublin-based company director, Edward J Treacy, with an address in Blackrock, agreed a settlement of €1.4 million.
Sports Division Ltd, a retailer based in the Blanchardstown Centre in Dublin, agreed a settlement of €1.6 million with Revenue. Elsewhere, Mullingar Travel made a settlement for €1.2 million.
The National Housebuilding Guarantee Company in Ranelagh, which operates the HomeBond insurance scheme covering structural defect cover for new homes, agreed a settlement with Revenue for close to €100,000 for failing to declare tax.
The published settlements reflect a portion only of all Revenue audits and investigations concluded in the three-month period under review. The total yield from Revenue audit and investigation programmes settled in the period July 1st to September 30th was €92.7 million.
