Main pic: Aidan and Gerry Hennessey who founded the Meallmore care home company in Scotland in 1987. Pic: www.meallmore.co.uk
Revenue Commissioners have failed in their efforts to hit Donegal-based care home millionaires Gerry and Aidan Hennessey with a €766,000 tax bill.
The Irish Independent is reporting the authority took the action after the pair claimed relief for work they did for a UK family business.
The Limerick-born brothers, who now live in the Twin Towns, founded the Meallmore care home business in Scotland in 1987 and now run 26 facilities.
The brothers, who are twins, are tax resident in Ireland but carried out their employment duties exclusively in the UK. They paid employment taxes in Britain, and claimed transborder worker relief in respect of 2015, 2016 and 2017 on foot of their engagement by a UK company. Revenue denied the transborder relief to the Hennessey brothers and subsequently issued tax assessments totalling €766,000 against them.
They pair successfully took their case to the Tax Appeals Commission in 2021. This was appealed to the High Court by Revenue, claiming the commission had erred in its rulings.
However, Justice Oisin Dunne recently dismissed the appeal and determined the commission had not erred in their findings.
Read the full report in today’s Irish Independent, or online at www.independent.ie
Revenue fails in bid to hit Donegal-based twins with €760k tax bill was last modified: May 2nd, 2024 by
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