THREE Limerick-based companies have agreed settlements with the Revenue totalling almost €2.4m relating to the under-declaration of various taxes.
According to the latest List of Tax Defaulters, which was published by the Revenue Commissioners this Tuesday, the single largest settlement was agreed with Galtee Fuels Limited which has a registered address at Barrigone, Askeaton.
The solid fuel wholesaler, which is now in liquidation, has agreed a settlement totalling €2,119,874.35 relating to the under-declaration of Corporation Tax, PAYE, PRSI, USC, VAT and Solid Fuel Carbon Tax.
The settlement includes €1,026,374 in tax, €377,006 in interest and penalties totalling €716,494.35.
However, according to the Revenue, just €5,332 of the settlement had been paid by the company as of December 31, 2019.
Separately, a motor vehicle service provider has agreed a settlement totalling €216,024 relating to the under-declaration of PAYE, PRSI, USC and VAT.
Clondrinagh Car Repairs Limited of Mount Kennett Place, Henry Street, Limerick has agreed to
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