€350,000 tax liability registered by Mayo GAA over seven-year-period

Mayo GAA has announced they have registered a tax liability of €350,000 over a seven-year-period.

In a statement, Mayo GAA said they have been engaging with the Revenue Commissioners following a revenue intervention regarding tax liabilities for the years 2018 and 2019, and have engaged in a self-review process similar to other counties for the five-year period 2020-2024.

"Overall, Mayo GAA’s total tax liability disclosed to the Revenue Commissioners for all seven years (2018-2024) amounted to approximately €350,000, the bulk of which (circa 70%) related to outstanding tax liabilities arising from issues identified in the review of the financial years 2018 and 2019. Mayo GAA’s tax liability for the five-year self-review period for 2020-2024 amounted to €113,000 and is broadly in line with the voluntary disclosures announced by other county boards this year.

"In addition to the tax liability arising from the Cúl Camps programme, Mayo GAA have also encountered tax liabilities related to management team expenses, coaching staff expenses, player nutrition, player equipment and referee expenses.

"Mayo GAA were the first county board to make a voluntary disclosure incorporating the periods 2021 – 2024 and following on from our disclosure, Croke Park advised other county boards to make voluntary disclosures for this period. All tax liabilities identified as part of the reviews and disclosures have been paid to Revenue. In tandem with the review, Mayo GAA have implemented additional procedures in the areas identified.

"The tax review process is ongoing, and Mayo GAA await feedback from the Revenue Commissioners regarding the voluntary disclosures, which may not be received for several months."