TWO FIGURES well-known in the world of horse-racing featured on the latest quarterly list of tax defaulters, published yesterday by the Revenue Commissioners.
Racehorse trainer Christy Roche, once one of Ireland’s most successful flat jockeys, made a €165,468 settlement arising from the underdeclaration of income tax.
Roche, with an address in the Curragh, Co Kildare, trains predominantly for JP McManus.
Bernard Carroll, a property developer and landlord, Foxrock, Dublin, made a €332,330 settlement arising from the underdeclaration of income tax and VAT.
Mr Carroll, originally from Ennis, was the owner of Numbersixvalverde, the horse that won the 2005 Irish Grand National and the 2006 Aintree Grand National.
Yesterday’s list, which covered the three months to the end of September, included 84 settlements with a total value of €18.9 million. Four of the settlements were for amounts in excess of €1 million.
The largest settlement on the list was for €1.9 million and was made by Mullingar Travel, a travel agency on Austin Friar Street, Mullingar, owned by Connie and Brendan Galligan.
The settlement arose from the underdeclaration of corporation tax and from the Revenue’s ongoing offshore-assets inquiry.
About two-thirds of the settlement arose from interest and penalties.
Sports Division (Éireann), a sports clothing retailer with an address in Blanchardstown, Dublin, made a €1.66 million settlement arising from the underdeclaration of VAT.
The company trades under the name of JJB Sports and is owned by the British company JJB Sports plc.
Before becoming a public company, JJB Sports was developed into one of the UK’s largest sports clothing retailers by former footballer and Wigan FC owner David Whelan.
Company director Edward J Treacy, Blackrock, Co Dublin, made a €1.46 million settlement arising from the underdeclaration of income tax and also from the Revenue’s offshore-assets inquiry.
Mr Treacy is a director of JJ Balance and Company Ltd.
Company directors Josef and Robert Katz also made settlements. Josef Katz, Terenure, Dublin, made a €1.5 million settlement arising from the Revenue’s investigations into offshore funds.
Josef (63) and Robert (51) Katz are directors of a number of Dublin companies and owners of a number of registered Dublin business names. Robert Katz, Kimmage, Dublin, made a settlement of €443,850 arising from the offshore-funds investigations.
The National House Building Guarantee Company Ltd made a settlement arising from the underdeclaration of corporation tax.
The company that runs Homebond, which insures builders against liability for structural defects in new houses, made a settlement of €97,387 arising from an underdeclaration of corporation tax. The case arose from the Revenue’s investigations into offshore funds.
A spokesman for the company said yesterday that it identified a problem relating to tax due on revenues and notified this voluntarily to the Revenue Commissioners and resolved the matter with them. However, the defaulters’ list states explicitly that details of settlements are not published “where taxpayers have, in advance of any Revenue investigation, voluntarily furnished complete information relating to undisclosed tax liabilities”.
The list also included a number of medical professionals.
Dr Bryan Kennedy, an anaesthetist, Orwell Park, Dublin, made a settlement of €461,424 arising from the underdeclaration of income tax.
A dentist, Andrei Mocanu, Le Fanu Shopping Centre, Ballyfermot, Dublin, made a settlement of €142,430 arising from the underdeclaration of income tax.
Dr John Kehoe, Dublin Road, Naas, Co Kildare, made a settlement of €51,163 for underdeclaring income tax.
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/VR3765MFOBH2NMV2QNICYDF67M.png)