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Two Monaghan businesses fined total of over €500,000 by Revenue

Dec 10, 2024 17:05
By News Northern Sound
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Two Monaghan businesses fined total of over €500,000 by Revenue

The two businesses are named on the latest tax defaulters list

Two businesses in Monaghan have been named in the latest tax defaulters list.

The fines total in excess of a half a million euro. Medical Practitioner, Brian Norton, located on the Clones Road, Ballybay, was fined 361-thousand euro following a Revenue Audit that found an under-declaration of Income Tax. Elsewhere, King Civil Engineering and Building Limited, with an address in Annalitten, Castleblayney were fined 164-thousand euro for the under-declaration of PAYE, PRSI, USC and VAT. Both businesses reached settlements to pay back the amounts.

In total, €15 million in settlements were reached in Quarter 3 of this year.

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