Latest news with #I&LBiosystemsIrelandLimited
Irish Independent
3 days ago
- Business
- Irish Independent
Carlow entrepreneur Illann Power among latest tax defaulters list with bill of €781,000
Mr Power has been hit with a penalty of €781,061 'relating to a non-declaration of income tax' according to the tax defaulters list for the first quarter of this year. This was the lone case of a court determined penalty, which is handed down in cases 'where there is no agreement to a penalty, or a person fails to agree an agreed penalty'. Mr Power, with an address in Ballyconnell in Tullow, Co Carlow, had previously faced charges including forgery and reckless filing of company information. Details of 19 cases settled outside of court were published by Revenue on Tuesday, with the settlements in these cases totalling €6.2m. The list included Co Clare-based health and safety consultants, a Co Cavan medical practitioner and three landlords. The largest settlement was paid by Lifetime Brands Europe Limited, a household goods wholesaler with an address at The Hub, Nobel Way, Birmingham in the UK. The company had been subject to a Level 2 Risk Review for the non-declaration of Vat. The settlement paid by the company totalled €1,115,755, made up of €777,606 in tax, €104,868 in interest and €233,281 in penalties. It has since been paid in full. A total of €74,862.50 in court imposed fines was handed down across 51 cases. I&L Biosystems Ireland Limited, a laboratory equipment supplier based in Unit D6, North City Business Park, North Road, Finglas in Dublin, paid the next largest settlement of €761,677. This was made up of €529,264 in tax, €60,634 in interest and €161,779 in penalties, and has also been paid in full. Dublin 2 property development company SSC Property ICAV, with an address on Earlsfort Terrace, was found to have an under declaration of €490,926 in Vat. The total owed by the company came to more than €648,301 with the addition of penalties and interest. There were three unpaid settlements as of March 31, including €334,393 that remained unpaid by Co Limerick used car dealer Gannon Auto Limited, based at Elm Court in Ballyneety. €267,476 owed by Cavan landlord Kieran McMorrow, with an address at Apartment 2, The Plaza, College Street, also remained unpaid as of March 31. €150,371 owed by Oluwa's Medical Limited, a medical staff provider with an address at 14 Elm Road in Fota Rock, Carrigtwohill, Co Cork, remained unpaid at the end of the quarter.
Irish Independent
3 days ago
- Business
- Irish Independent
Carlow entrepreneur Illann Power among latest tax defaulters list with bill of €781,000
Mr Power has been hit with a penalty of €781,061 'relating to a non-declaration of income tax' according to the tax defaulters list for the first quarter of this year. This was the lone case of a court determined penalty, which is handed down in cases 'where there is no agreement to a penalty, or a person fails to agree an agreed penalty'. Mr Power, with an address in Ballyconnell in Tullow, Co Carlow, had previously faced charges including forgery and reckless filing of company information. Details of 19 cases settled outside of court were published by Revenue on Tuesday, with the settlements in these cases totalling €6.2m. The list included Co Clare-based health and safety consultants, a Co Cavan medical practitioner and three landlords. The largest settlement was paid by Lifetime Brands Europe Limited, a household goods wholesaler with an address at The Hub, Nobel Way, Birmingham in the UK. The company had been subject to a Level 2 Risk Review for the non-declaration of Vat. The settlement paid by the company totalled €1,115,755, made up of €777,606 in tax, €104,868 in interest and €233,281 in penalties. It has since been paid in full. A total of €74,862.50 in court imposed fines was handed down across 51 cases. I&L Biosystems Ireland Limited, a laboratory equipment supplier based in Unit D6, North City Business Park, North Road, Finglas in Dublin, paid the next largest settlement of €761,677. This was made up of €529,264 in tax, €60,634 in interest and €161,779 in penalties, and has also been paid in full. Dublin 2 property development company SSC Property ICAV, with an address on Earlsfort Terrace, was found to have an under declaration of €490,926 in Vat. ADVERTISEMENT The total owed by the company came to more than €648,301 with the addition of penalties and interest. There were three unpaid settlements as of March 31, including €334,393 that remained unpaid by Co Limerick used car dealer Gannon Auto Limited, based at Elm Court in Ballyneety. €267,476 owed by Cavan landlord Kieran McMorrow, with an address at Apartment 2, The Plaza, College Street, also remained unpaid as of March 31. €150,371 owed by Oluwa's Medical Limited, a medical staff provider with an address at 14 Elm Road in Fota Rock, Carrigtwohill, Co Cork, remained unpaid at the end of the quarter.
