Latest news with #LifetimeBrandsEuropeLimited
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.
The Journal
3 days ago
- Business
- The Journal
Tax rebate agent appears on Revenue's list of tax defaulters
AN ONLINE TAX Rebate agent based in Co Longford has appeared on Revenue's list of tax defaulters for Q1 of 2025. The company handles overpayments of tax to Revenue for its customers and keeps 30% of any repayment Revenue issues to the customer. In its 'About Us' section on its website, Online Tax Rebate Services Limited says: 'We appreciate that many Irish tax payers do not receive their full rebates. This is due to the complexity of the process. Advertisement 'The online tax rebate process that we make available via this website is designed to make the process more accessible for Irish tax payers.' The tax rebate agent, with an address at Unit 1A, Heatherview Business Park, Athlone Road, Co Longford, reached a €188,206 settlement with Revenue made up of unpaid taxes of €101,814 and penalties of €76,360. Revenue stated that the business was subject to a Revenue investigation case due to 'non-declaration of PAYE/PRSI/USC and VAT'. According to the data from Revenue, all money owed by the company was paid in full. The biggest single tax settlement was from Lifetime Brands Europe Limited, a UK based wholesaler of household goods. The company reached a settlement amounting to €1,115,755 made up of €777,606 of unpaid taxes and €233,281 of penalties. All money owed by the company was paid in full. Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal
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.
