Having previously had bailiffs turn up at the door of his Wexford jewellery shop, businessman Frank Hynes is facing a hefty penalty for deliberately under declaring tax two years running. The High Court has approved a 100 per cent penalty against Hynes, who was audited after declaring a nil liability in 2015 and 2016 in respect of income, charges and capital gains tax. His wife Martina Hynes, with whom he was jointly assessed, declared no assessable income for 2015 and assessable income of €7,920 for 2016.  Hynes along with his cousin Alan Hynes, a former property developer and struck off accountant, is…