« BackTwo Kerry businesses settle with Revenue for over €300,000

Two Kerry businesses have made settlements with the Revenue Commissioners of over €300,000.

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According to the latest tax defaulters list, a total of 107 individuals and companies made settlements totalling €17 million between October and December.

Electrotech Distributors Ltd, a cable distributors which is in liquidation, with an address of 20 Main Street, Kenmare, settled with Revenue for €245,000 for under-declaration of VAT in a Revenue Audit Case.

That includes tax of €132,000; interest of €14,000; and penalties of €99,000.

Shahid Jamil, a takeaway food supplier of 2 Cherry Court, Ashleigh Downs, Tralee, paid over €57,000 for non-declaration of income tax and VAT in a Revenue Audit Case.

That’s made up of €40,000 tax, €6,000 interest, and penalties of €11,000.