Cork firm owes €347k over tax settlement

A company that counts one of Cork’s best-known businessmen among its directors has been named as a tax defaulter by Revenue.

The Little Island-based property development company RS Railway Square Ltd — of which William Keary was named as one of its directors, along with David and Redmond O’Hanlon, when annual company returns were last filed in 2016 — owed almost €396,000 in tax, interest, and penalties for under-declaration of Vat.

Just under €347,000 of the settlement remained unpaid at the end of September, Revenue said.

Mr Keary is well-known for his business ventures such as car sales firm Keary’s, as well as his charity work with Chernobyl Children International.

Journalist Tom McGurk was among the highest- profile names on the latest tax defaulter list, with a bill of more than €76,000 in tax, interest and penalties for under-declaration of income tax.

Horse trainer James Leavey of Friarstown in Co Kildare settled for more than €2.2m in tax, interest and penalties after a Revenue investigation into the under-declaration of capital gains tax. The full amount remained unpaid at the end of September, according to Revenue.

The highest settlement reached with Revenue was from now-liquidated firm Westman Plant & Civils Ltd, formerly of Ballinasloe in Co Galway.

The plant and machinery dealer owes more than €3.2m for under-declaration of VAT after a Revenue enquiry case. The amount was unpaid at the end of September, Revenue said. There were 81 cases published with €17.43m in total settlements, Revenue said, three of which exceeded €1m.

More in this Section

Truck driver’s lucky escape on icy road

Juveniles committed 45% of sex offences in 2016

Ireland 2040: Government defend plan branded a ‘marketing exercise’

1916 medals awarded to Defence Forces sold on Ebay

Breaking Stories

Two polls show widening gap between Fine Gael and the rest of the parties

Poll shows 40% approve unrestricted access to abortion in first 12 weeks

Limerick Gardaí investigate serious assault that leaves man in critical condition


The biggest cancer killer will take your breath away

Hopefully she had an idea...

Power of the press: Meryl Streep and Tom Hanks discuss 'The Post'

More From The Irish Examiner