Louth IFA meeting in Dundalk tonight

Ballymascanlon House Hotel

Ballymascanlon House Hotel

The Louth branch of the Irish Farmers’ Association will hold a special meeting in Ballymascanlon House Hotel tonight at 8pm.

The meeting has been organised to highlight important information and issues for farmers such as key taxation and legal issues, with a particular focus on farm transfers, inheritance, long term leasing, wills, new basic payment scheme entitlements, income volatility and the end of the milk quota.

There will be presentations on the night from IFA chief economist Rowena Dwyer, IFAC accountants and IFA solicitor James Staines.

Louth IFA chairman Matthew McGreehan said: “I would encourage all farmers, young and old, to come to this meeting and to inform themselves on the different aspects of taxation which concerns their business.”

Econ Fuels fined by Revenue Commissioners for failure to hold current oil licence

Kenneth Mullen of Mullen's Take Away on the Castletown Road was also fined

Kenneth Mullen of Mullen’s Take Away on the Castletown Road was also fined

Econ Fuels Ltd have been fined €7,500 by the Revenue Commissioners for their failure to hold a current oil licence.

The company, who are based at Faughart Lower just off the M1 motorway, had the biggest settlement locally in the Revenue’s latest defaulters’ list for Q2 2013.

There were also fines of €2,500 each for haulier John Prendergast, of Millpark, Knockbridge and Ruslans Musajevs of 36 Castleross, Castletown Road, for the misuse of marked mineral oil.

Meanwhile, Michael Bradley of 601 Ashling Park, Cox’s Demesne, was fined €2,500 for possession of an unregistered vehicle, with carpenter Philip Paul Kenna of 200 Cedarwood Park, receiving a similar fine for cigarette smuggling.

There were also fines of €1,250 each for Kenneth Mullen of Newtownbalregan – best known for Mullen’s Take Away on the Castletown Road, amongst others, and B&B owner Paul Woods of Viewpoint, Omeath Road, Carlingford. Both were fined for failure to pay income tax returns.

Almost a third of people in Louth have yet to pay the household charge

HouseholdCharge1_0As the deadline for the payment of the new Local Property Tax looms on Tuesday May 28th, new figures from the Department of the Environment have shown that almost a third of people in Co Louth have still to pay last year’s household charge.

Just 68.64% of those liable for the €100 charge have paid up to date. That is the second worst compliance rate in the country after Donegal at 65.8% and well below the national average of 76%.

An estimated 1.23 million homes have either paid or registered for the charge to date but that means €38.7m is still outstanding in payments.

Outstanding household charge liabilities will be increased to €200 from July 1st and will become a local property tax liability collectable by the Revenue Commissioners.