Mayo GAA are carrying a tax liability of almost €120,000 on their 2023 balance sheet to be presented to the convention this afternoon.
In the notes to the financial statements, contained in the audited accounts which have already been distributed to clubs, €119,778 is recorded as being payable to creditors under “taxation”.
The Irish Independent reports that In the 2022 accounts, just €7,078 was showing as owed for PAYE and related charges.
Mayo delegates will be afforded the opportunity to question the steep rise and determine how far back it applies at today’s convention.
In the financial year up to September 30 last, Mayo outline in the accounts that they had 24 employees, 15 of whom were Cúl Camp coaches.
Another six full-time coaches were on the payroll with two in administration and one ground staff member.
Significantly, the accounts state none were paid above €60,000 in the year, out of a total wage bill of €473,220 which would leave a very low tax liability for the 12 months gone in the context of a €113k year-to-year rise.
In a further note to the financial statement, it states that Mayo GAA is “tax compliant”.
Mayo’s overall expenditure for 2023 passed the €3million mark, to €3,299,382, and put a dent in the surplus the county has been able to deliver, €776,359, down from €1,102,349 in 2022.
The 2022 expenditure figure was €2,896,211.