Four local companies listed as deliberate tax defaulters by HMRC

Four local companies are among a list of deliberate tax defaulters listed by HM Revenue and Customs (HMRC) today, March 18.

The list includes individuals and businesses who have received penalties for deliberately defaulting on their tax obligations where the tax lost exceeds £25,000.

The latest update includes significant cases, with some penalties running into millions of pounds.

In each case, the taxpayer failed to fully disclose their default to HMRC at the outset of an investigation. These defaulters’ details will remain published for 12 months.

It is important to note that this list only includes those penalised under civil procedures and does not include criminal convictions for tax fraud.

The details HMRC can share about each deliberate default are limited to what is published in the list, which can be found here.

Kevin Hubbard, HMRC’s Director of Individuals and Small Business Compliance, said: “We use a range of tools to take firm action against the minority who refuse to pay the tax they owe.

“This includes publishing the names of those penalised for deliberate defaults to influence taxpayer behaviour and encourage defaulters to engage with HMRC.”

There are nine Northern Ireland firms and individuals whose details have been published by HMRC . These are below.

• Derek Michael McGarrity, car sales 30 Rea Hill Road, Newtownabbey, BT36 5SF 1 May 2010 to 31 Oct 2011 and 1 Feb 2012 to 31 Mar 2024 Tax: £3,157,875.44 Penalty: £2,144,573.82

• Groundco Consulting & Hire Ltd Construction, equipment hire 65 Scotch Street, Dungannon, BT70 1BD 1 Jun 2020 to 21 Jun 2023 Tax: £464,158 Penalty: £266,890.82

• Roe Plant Hire Ltd, plant hire 88 Ard Na Smoll, Dungiven, Londonderry, BT47 4NF 1 Aug 2023 to 30 Nov 2023 Tax: £75,460 Penalty: £44,898.70

• Pew Homes Ltd, construction 39 Langtry Lodge, Moira, Craigavon, BT67 0GT 1 Jun 2020 to 28 Feb 2022 Tax: £78,226.64 Penalty: £45,175.84

• Pearlai Ltd, data processing Unit 4A, 75 Belfast Road, Newry, Co Down, BT34 1QH1 May 2020 to 30 Apr 2021 Tax: £32,138.99 Penalty: £24,104.24

• Ibrahim Kone (formerly trading as ‘Siopa’), convenience store Formerly of 65 Great James Street, Londonderry, BT48 7DG1 Oct 2018 to 30 Sep 2022 and 1 Apr 2023 to 30 Jun 2023 Tax: £29,619 Penalty: £29,421.03

• Stephen Alexander McElhinny, electrician 49 Strandburn Drive, Belfast, BT4 1NA1 Sep 2019 to 5 Apr 2021 Tax: £25,828.13 Penalty: £15,496.87

• EPR Accounting Services Ltd, bookkeeping 76-78 Church Road, Portadown, BT62 3EU6 Apr 2020 to 5 Apr 2022 Tax: £57,595.27 Penalty: £57,595.27

• KGT Electrical & Building Solutions Limited (formerly known as KGT Electrical Ltd), electrical workArthur House, 41 Arthur Street, Belfast, BT1 4GB and formerly of 16 Carrowdoon Park, Dunloy, Ballymena, BT44 9ER6Apr 2018 to 5 Apr 2020Tax: £378,084.02 Penalty: £264,658.80

Most read today