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.

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