Building & Allied Trade Unions has been hit with a €147,000 fine, including €58,000 in interest and penalties, for the under-declaration of PRSI and PAYE following an audit by the Revenue Commissioners

Building & Allied Trade Unions has been hit with a €147,000 fine, including €58,000 in interest and penalties, for the under-declaration of PRSI and PAYE following an audit by the Revenue Commissioners

INTEREST rate penalties imposed by the Revenue Commissioners should be the same as prevailing market rates the Irish Taxation Institute told the Joint Oireachtas Committee for Economic Regulatory Affairs.

TAX defaulters have paid €17.1 million in settlements and fines to the Revenue Commissioners.

CRUCIAL checks on academic standards and joint research between universities could be under threat following a clampdown by the taxman on how expenses and other payments are treated.