Revenue probes of 'high-wealth individuals' yielded over €90m in eighteen months

Last year, Revenue launched 498 investigations into high-wealth individuals and closed 390 cases, which yielded €57.6m, a 53% increase on the sum recouped in 2022. Picture: iStock

Revenue probes into the tax affairs of “high-wealth individuals” have yielded over €90m in the space of just 18 months, new figures have revealed.

In the first six months of this year, 13 such investigations led to the recoupment of sums in excess of €1m each in tax, interest, and penalties, Revenue said.