RTE Investigates have some great programmes. Tonights looks great!
Living and working here, she is subject to Irish income taxes.
Jack Carey is her older brother
Yes but those questions won't be coming from Revenue, they'll be coming from HMRC who, from I can see won't be particularly interested unless she's avoided UK taxes
She is listed as a director so she will be able to respond regarding the status of company employees.
Regardless, Revenue don't need to know this. They will give her a (pretty much non-negotiable) bill and a period of time in which to pay it. It is then up to her to prove her earnings to them. Revenue have huge powers.
No, it would be illegal in all circumstances unless the company was registered with the CB, and to do that there are a lot of regulations to comply with.
This woman's behaviour disgusts me no end!
I can't understand how she could spend all that money from a business account without her accountants requiring some clarification. The bank statement posted by Dempo1 is addressed to the UK company and to its registered (virtual) address. Therefore those bank statements formed part of the accounts. The 2020 unaudited accounts submitted to the UK Companies Office were prepared and submitted by an accountancy firm. Or at least their name has been used on the filing. The company had fixed assets of 63K (the BMW?) and current assets of 54K, possibly the client funds in the bank. The company had 0 employees in that financial year.
I go bonkers when my clients accidentally use their credit card for a personal purchase. The transaction goes to the director loan account if they have one or it forms part of their salary. Why would a large firm sign off on accounts based on such sketchy bank statements?
I'm not a hurling fan so not familiar the family. They have my sympathies. But I am curious to who is Jack Carey who was previously a director and who ceased as a person of significant control in July 2019. He managed to disengage prior to the business starting to "trade".
in other circumstances would the business model actually work.
Tom has €300k mortgage and still owes €200k but is financially distressed.
Toms bank sells the mortgage for €100k
with the sale of the mortgage the business relationship between Tom and his bank ends.
Toms Bank (assuming no interest for simplicity sake) writes off €100k as a bad debt. Tom has already paid if €100k and the mortgage was sold for €100k
the new lender now owns Toms mortgage and only paid €100k for an outstanding debt of €200k
they can decide to :
a) try to recover €200k from Tom and make a nice profit
b) agree with Tom that he only has to pay back €100k (ignore interest for simplicity sake)
am I stupid - or is this a very good business model if done in a very transparent way?
is it not a win-win-win for all involved
Who referred all these people to her? I know the programme mentioned a barrister but it's a bit odd.
Exactly, all revenue ever say is " we are of the opinion that you owe us XYZ" . So you either pay up or incur more penalties or skip the jurisdiction or prepare do do a bit of porridge.
Still don’t see how being shareholders in a soon to be liquidated/struck off company benefits her clients.
But how do you know this, was she an employee of the UK company, was she liable for taxation, BIK etc here 🤔 we just don't know .
She has all the money hidden elsewhere. She's no fool. The fact that she's got this far with her dealings is a testament to her and she still hasn't been arrested or confronted.
It is easy enough in one way for Revenue to take action. She funded her lifestyle on the money whilst living here. There was no income tax, prsi, BIK, etc. paid on that. They will form an estimate on what they think is owed and it is up to her to disprove it.
In fairness to the financial services regulators /Irish Central Bank, as soon as they come across companies acting outside of their remit and entering the territory of financial advice etc they tend to pounce and make it public
Unfortunately this company worked somewhat under the radar and got their clients through word of mouth and cash transactions mostly
What profession regulator should have been at play here? The PTI program was clear that even though she claimed to be registered as an Accountant and with the Tax Institute, she was not. So I’m not sure what shortcoming you are referring to.
Incidentally, professional regulatory bodies tend not to be make up solely of people from the profession they regulate. They also tend to act a lot swifter than waiting for the Courts or DPP to decide on a sanction.
I don't know to be honest....she has 2 careysfort asset estates companies registered in 2 different jurisdictions... obviously the English registered companies bank a/c was used for some reason obviously to her advantage instead of the Irish registered same company bank a/c
🤣🤣🤣 my broadband excellent, the RTE player shyte 😁
Takeaway peoples money so to speak 😏
It sad it takes Prime Time to deal out justice in this country.
So called white collar crime is our problem banks, doctors, solicitors, accountants. Self regulation doesn't work.
At the very least we need enforce the laws we have or just give Prime Time Team Statutory powers :)
She's buying lots of takeaways for 30 euro plus. She must have a fella on the go. That or it's kids
I can sell you very fast broadband speed if you wish.I would need a cash deposit first though! x CC
Nice balance in Nov 2020 🤔
Yep, the North London address is on the bank statement
There you go 😉
Hope your not depending on RTE player to load or work any time soon 😁
Dead right! Typical Irish. Wouldn't have a clue how to deal with an out and out psychopath like Carey.
Why isn't she in prison as a result of the fraud with DJ's company in 2009?
No wonder politicians get away with so much in this country. The populace is so gullible, credulous and stupid.
The bank statement had a UK address on it. I’m just waiting for the RTÉ player to load as that’s where I saw it on prime time they just had the street number obscured I’m sure.
She appears to have funded her lifestyle ,car,hockey club membership, designer gear,ski trips etc from her bank account so therefore I would imagine there's a fair stash of folding money somewhere.
I whole heartedly agree with you , she is simply the lowest of the low . I missed the BMW purchase for cash, I assumed she had it on finance. Whilst I absolutely get your point about the Loans, victims got or took out etc, you know as well as I do, proving she "Forced" anybody to do anything is were authorities will struggle IMO 🤔
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