Full tax probe of CCVEC operation

County Cork VEC has been subjected to a far deeper probe of its tax affairs than previously thought.

In January, County Cork VEC (CCVEC) revealed it had offered a settlement with the Revenue Commissioners arising out of a failure to pay PAYE and PRSI.

This was linked to accounting failures detected at a youthreach centre in Macroom, where ineligible students were paid allowances and staff received money for classes they did not teach.