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Company Fined for Missing COVID Subsidy Docs | Cork News
A company faces a staggering €313,400 bill after failing to prove it met the requirements for a COVID wage subsidy program — despite claiming massive revenue drops. The tax authorities rejected their appeal, finding no evidence of required monthly turnover reviews, even though executives admitted their actual orders were far below projections. The Tax Appeals Commission ruled that comparing old forecasts to new data wasn’t valid, and found only a 14% drop in one period — with later spikes showing recovery. Without verifiable proof of compliance, the company is disqualified — and the hefty…
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