Relief as property tax changes delayed for a year Local Property Tax (LPT) rates for householders are to be frozen for another year the Government decided late last night. Homeowners won’t see any change in their LPT bills until 2021, and tens of thousands of householders who currently benefit from exemptions will continue to do […]
Author: Practicenet
Central Bank slightly reduces estimates for economic growth this year The Central Bank has slightly reduced its estimates for economic growth this year, amidst an ongoing weakening of the international trading and economic environment. In its latest Quarterly Bulletin, the Central Bank expects GDP growth of 4.2% this year, down 0.2% since its January forecast. […]
Exchequer ahead of target in March as income tax, VAT improves Exchequer returns for March have come in ahead of forecast; as income tax, VAT and Corporation Tax take were all higher than expected. Almost €4.69 billion was taken in by the State during the month, €207m (4.6%) above target and €550 (13.3%) higher than […]
Euro zone retail sales stronger than expected in February Euro zone retail sales, an indication of domestic demand, were stronger than expected in February, led by a jump in sales of non-food products, data showed today. The European Union’s statistics office Eurostat said retail sales in the 19 countries sharing the euro rose 0.4% month-on-month […]
Jobless rate falls to 11 year low of 5.4% in March New figures from the Central Statistics Office show that the unemployment rate fell to an 11-year low of 5.4% in March from a rate of 5.6% in February. The CSO said the seasonally adjusted number of people who were unemployed stood at 131,300 in […]
AIB to sell €1 billion non-performing loan portfolio AIB has agreed a deal to sell a €1 billion portfolio of non-performing loans to Everyday Finance, as part of a consortium with Everyday and affiliates of Cerberus Capital Management. The portfolio consists of about 2,200 non performing loans, with around 95% over two years in arrears […]
Euro zone inflation slows to 1.4% in March Inflation in the euro zone slowed in March, data showed today, amid worries that the European economy is cooling. The slowdown of inflation comes as signs are multiplying of slower economic growth, especially in powerhouse Germany and the bloc’s second-biggest economy, France. The rise in consumer prices […]
New car registrations slow down by 5.6% in March – SIMI New figures published today show that total new car registrations fell by 5.6% to 16,738 in March compared to the same time last year. The Society of the Irish Motor Industry (SIMI) figures show that new car registrations for the year to date are […]
New Revenue system to hit SMEs for unpaid tax The Revenue Commissioners will chase more small companies for unpaid tax following the launch of a new high-tech debt management system. Revenue’s Debt Management Services (DMS), which was brought in last week, uses technology to deal with a wider range of taxpayers. This will include those […]
Energy bills going up for 1 million customers Over 1 million energy customers will feel the impact of larger bills from today. Electric Ireland and PrePayPower are increasing their gas and electricity prices by 4% and 3.9% respectively, having frozen them over the winter months. The increase will add around €38 a year to the […]
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Recent News
Fed cuts rates but sees slower pace of further reductions December 19, 2024
Residential property prices up 9.7% in October – CSO December 19, 2024
Spending by BOI customers up 6.8% on Black Friday December 19, 2024
Holyhead Port to stay closed until 15 January ‘at the earliest’ December 18, 2024
Planning permissions down 10.9% in third quarter – CSO December 18, 2024
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Main Street,
Loughrea,
Co. Galway.
EirCode: H62 HX65
Telephone: +353 (0)91 841518
Mobile: +353 (0)86 2550866
Fax: +353 (0)91 842663
Email: michael@michaelfdolan.ie
Web: www.michaelfdolan.ie
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