Three county boards are being audited and officials at Croke Park are close to finalising a deal with the tax authority over nationwide voluntary assessment of expenses. But how deep could the tax dive go?
With Revenue knocking on the door, the Fennell family behind the Green Barn restaurant went through the Scarp process to save their company. Rescue plan in hand, James Fennell talks about the “labour of love” business and a bright future ahead.
Newly released records point to abuse by a small cohort of companies of an unintended pension loophole introduced by the finance department despite warnings from tax authority insiders.
Eight data sets reveal Revenue’s approach to pursuing debts, agreeing deals, and targeting tax-avoidance schemes.
The Fennell family has put its heart and soul into the Burtown House restaurant and gardens near Athy over the last decade. A shift toward events brings confidence it will come out the other side of the Scarp restructuring process.
From the RTÉ Guide to food packaging for Musgraves, Drogheda-based Boylan Printing has an enviable client list. But Covid-era debt and soaring energy costs have left it millions in the red.
The finance department examined potential changes in the run-up to Budget 2025 to close the loophole. Revenue officials warned it allowed a director to employ a family member on an artificially low wage and still fund a pension fund for them of up to €2 million tax free.
Revenue ceased enforcement activity during the pandemic. But the leniency has long ended. So, what strategies is Revenue turning to to enforce its debts? And how much money is being actively pursued?
The Department of Finance and Revenue are refusing to release details of the examination of a €2 million tax loophole, claiming they are part of ongoing deliberations around this year’s finance bill.
A new tax appeal judgment gives an insight into the latest of many attempts by Revenue to claw back hundreds of millions of euro wrongfully claimed under pandemic support schemes.
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