Company chairman and former CEO makes Revenue settlement in excess of €80,000

Charles Garvey from Carrigrohane, Co Cork, was found to owe €59,790 in tax plus interest of €6,233 arising from under-declaration of income tax.

Mr Garvey is executive chairman of Metabolomic Diagnostics, which describes itself as “a deep-tech company” specialising in the development of “novel biomarker-based diagnostic solutions for complex diseases”. Meanwhile, the largest settlement on Revenue’s list concerned fuel and convenience store retailer Dominiam Services in Co Monaghan, which was found to owe tax of €146,197 plus interest of €115,563 following an investigation into under-declaration of excise duty and VAT.

The next largest settlement concerned a clothing retailer in Templemore, Co Tipperary. Mai Madden, trading as Mai’s Boutique, made a settlement of €210,492 following a Revenue investigation into under-declaration of PAYE, PRSI, USC and VAT.Will the protocol deal bring prosperity to Northern Ireland?Elsewhere, medical staff provider Clare Medical in Ballincollig, Co Cork, made a settlement of €186,453 after an audit in respect of under-payment of PAYE, PRSI, and USC.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

It makes ‘perfect sense’ to list CRH in North America, says company’s chiefAlbert Manifold, the CRH chief executive, has said it makes “perfect sense” for the company to have a listing in America in light of the opportunities for the company to grow there.
Source: businessposthq - 🏆 8. / 71 Read more »

Fashion blogger’s clothing company 4th ARQ launches case over ‘passing off’ garmentsCompany owned by Rosie Connolly Quinn claims its goods should not have been available at stores in Dublin and Co Wexford
Source: IrishTimes - 🏆 3. / 98 Read more »

Venture capital firm Venrex backs Dublin mushroom coffee company OYLOYL, a new mushroom coffee company established by the founder of the Dublin Barista School, has received backing from Venrex, a VC firm which was an early investor in Revolut, Bolt, Mumsnet and Just Eat.
Source: businessposthq - 🏆 8. / 71 Read more »

Fashion blogger’s clothing company 4th ARQ takes case over ‘passing off’ of garmentsA clothing company co-owned by fashion blogger and social media personality Rosie Connolly Quinn has launched High Court proceedings against three entities it claims have engaged in “passing off” the firm’s trademarked garments.
Source: IrishTimes - 🏆 3. / 98 Read more »