Defaulters fail to disclose full tax liabilities

ONE-IN-FIVE tax defaulters who availed of a voluntary disclosure scheme to avoid the risk of prosecution in relation to bogus non-resident accounts, failed to reveal the full extent of their liabilities.

A Revenue Commissioners review of a sample group of 268 people who were meant to have come clean under the scheme found 54 of them had under-declared the amount they owed. They were made to pay an additional €6 million.

Results of the review were released by the Comptroller and Auditor General (C&AG), John Purcell, in his annual report yesterday, raising questions about the reliability of the information supplied by the 3,407 other people who also made voluntary disclosures.