‘Skeff’ owners pull in €1.5m despite €4m tax settlement

The three owners of the Skeffington Arms Hotel in Galway last year had a dividend of €1.5 million as the Revenue reached a €4m tax settlement with the business, new figures show.

The business — in Galway’s Eyre Square — has been cashing in on Galway Race week, and new accounts just lodged with the Companies Office show that Skeffington Arms Ltd paid a dividend of €1.5m to its owners, John Callanan, Nicola Dalton and Siobhan Howley last year.

The dividend was paid to parent firm, Silver Alley Holdings Ltd, in which the 44-year-old Mr Callanan holds a controlling share.