Author: Practicenet

Net alert: Ireland reports high rates of online crime as half of users affected by illegal activity

Half of Irish people have come across illegal activity on the internet, according to the latest European Commission barometer. In 17 countries across the EU, scams, frauds, subscription traps or other illegal commercial practices were found to be the most common form of illegal content encountered. In the other EU countries, hate speech or pirated […]

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European shares fall to lowest levels in nearly two years

European shares fell to their lowest levels in nearly two years on Tuesday as a new batch of third-quarter earnings failed to offset growing concerns on Brexit, Italy’s budget, Saudi isolation, trade wars, Chinese growth and US interest rates. The pan-European STOXX 600 was down 1.1pc at 0826 GMT, its lowest level since December 2016 […]

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Behind the rosy headlines, Ireland still trails behind its peers in the EU

If you just read the headline numbers it looks as though the Celtic Tiger is roaring back, economic growth is surging, wages are taking off as unemployment levels head back to pre-crisis levels and Finance Minister Paschal Donohoe’s coffers are bulging as the State heads for a balanced budget. Underneath it all, however, Ireland’s economy […]

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How EU’s budget rules sparked showdown with Italy

For nations of the eurozone, the annual budget process isn’t over when a budget is drawn up. The European Commission also gets a say. In Italy’s case, the response from Brussels took less than three days. In a letter to the Italian government, the EU leadership said the draft included an unprecedented “deviation” and it […]

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Guide to Pay & File

You could face stiff penalties over money earned on the side, or from Airbnb, unless you pay tax owed on those earnings in time, writes Louise McBride This year’s tax return deadline is fast approaching – and if you’re one of those who thinks that tax returns have absolutely nothing to do with you, check […]

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Guide to Pay & File

You could face stiff penalties over money earned on the side, or from Airbnb, unless you pay tax owed on those earnings in time, writes Louise McBride This year’s tax return deadline is fast approaching – and if you’re one of those who thinks that tax returns have absolutely nothing to do with you, check […]

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Monday 22 October 2018 Brexit already having ‘negative impact on majority of UK firms’

Eight out of 10 UK firms surveyed by the Confederation of British Industry (CBI) have said that Brexit has had a “negative impact” on their investment decisions. Almost one in five also stated that the point of no return for triggering their plans has already passed. The powerful UK business lobby, which surveyed 236 firms […]

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US to seek trade agreements with Japan, European Union and UK

The US Trade Representative’s office told Congress on Tuesday it intends to open trade talks with the European Union, the United Kingdom and Japan. Under fast-track rules, the United States cannot start talks with the EU, Japan and the UK until 90 days after notifying Congress. “We will continue to expand US trade and investment […]

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Big pay day for crisis-era Irish bondholders

STEEL-nerved investors who bet that Ireland would not default in the worst days of the eurozone crisis got to collect their reward yesterday. Holders of the last bonds issued by the Irish government before the 2010 EU/IMF bailout were repaid yesterday, in full and on time. That was in doubt through much of the crisis […]

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Minister confirms changes in scheme to help SMEs

THE Government’s new Finance Bill has confirmed a €50,000 increase in maximum value of share options that can be granted under its Key Employee Engagement Programme (KEEP), to €300,000 in any period. It had previously been subject to a limit applied in a consecutive three-year period. The scheme, introduced a year ago, was intended to […]

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