Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Tax fraud

  • 27-07-2013 9:56pm
    #1
    danish pasterys
    Registered Users, Registered Users 2 Posts: 301 ✭✭


    My tight arse brother inlaw just got caught for avoiding tax the past 15 years im actually glad this happened to him he has a big house big mortgage fancy car all from being self employed and not paying tax ever ! He has now being caught i dono how but hes lost his job and im wondering what else will happen to him i hope he gets jailed he must ! Even celebs get jail time for tax fraud


Comments

  • #2
    WildRosie
    Users Awaiting Email Confirmation Posts: 585 ✭✭✭WildRosie


    This gives brief explanation of the possible penalties for tax evasion.


  • #3
    The_Bot
    Registered Users, Registered Users 2 Posts: 92 ✭✭The_Bot


    For deliberately evading tax for over 15 years and being caught as opposed to disclosing it voluntarily, and assuming we are talking about a substantial amount of tax here, he is almost certainly looking at prosecution unless he comes to a deal with Revenue to avoid going to court (although it is up to the DPP to determine whether or not a prosecution should go ahead). A total disregard of a person's tax obligations is not tolerated by Revenue.

    Whether there is a such a deal or not, expect Revenue to deliver a serious tax bill including of late payment interest of approx 10% to 12% per annum and penalties of anywhere up to 100% of the tax for the most serious defaults. If this has been going on over 15 years in respect of a substantial amount of tax then the debt he owes to Revenue could be enormous.

    He can also expect to published as tax defaulter if the sums involved are of a sufficient amount. That list gets published quarterly and all the major papers pick up on them.

    Have a look at the Revenue's code of practice for tax audits here if you want more details.

    http://www.revenue.ie/en/practitioner/audit-code-of-practice/index.html


Advertisement