Author: Practicenet

Revenue is writing to 130,000 PAYE taxpayers who have paid tax but have not claimed any additional tax credits or reliefs in the last five years, to remind them that there is a four-year time limit for claiming a refund of tax. Revenue has issued letters over the last few years to assist taxpayers in […]

Corporate insolvencies fell by a fifth between July and the end of September when compared to the same period last year. Corporate insolvencies fell by a fifth between July and the end of September when compared to the same period last year. That’s according to new data from Deloitte, which says the steady trend of […]

Euro zone retail sales accelerated more than expected year-on-year in September, data from the European Union’s statistics office showed today, pointing to sustained domestic demand in Europe.  Eurostst said retail sales in the 19 countries sharing the euro rose 0.1% month-on-month for a 3.1% year-on-year gain, up from 2.7% in August.  Economists polled by Reuters […]

The UK’s importance as a trading partner for Ireland has declined significantly, according to research carried out by HSBC Bank. As part of its Navigator survey, the bank spoke to 9,000 companies in 35 countries.  Just under half of Irish businesses considered the UK an important trading partner, down from 75% last year. Alan Duffy, CEO of […]

Exchequer figures for the month of October show that Government tax revenues for the first ten months of the year running slightly ahead of target.  Total tax revenues stood at €44.973 billion at the end of October, which was €706m or 1.6% ahead of target.   Government spending stood at €43.224 billion. Compared to the […]