News

Euro zone Q3 GDP rises 2.2% on quarterly basis as expected

Euro zone gross domestic product (GDP) rose 2.2% on a quarterly basis in the three months from July to September, the European Union’s statistics office Eurostat said today. This confirmed its previous flash estimate from the end of October. Eurostat said economic growth in the 19 countries sharing the euro was 3.7% higher than in […]

Continue Reading

Further PUP reductions from today

Recipients of the Pandemic Unemployment Payment (PUP) will see the amount they receive reduced further from today. The move is part of the ongoing process of gradually winding down the payment. Those currently receiving €300 a week will see their payment fall to €250, while those on the €250 rate will see it drop to […]

Continue Reading

Cabinet to consider work from home proposal

The Cabinet will today consider a proposal that would strongly advise people to work from home. The move is being described as far-reaching and people will be advised to attend a workplace only when it is necessary. It follows close to five hours of discussions among the Taoiseach, ministers and health officials at the Cabinet […]

Continue Reading

23% of Local Property Tax returns yet to be made

Returns for around 23% of properties liable to the Local Property Tax (LPT) have not yet been made, nearly a week after the deadline for submission. Revenue said it has received LPT returns for 1.5 million properties, representing 77% of the expected numbers of properties that returns for the tax should not have been made […]

Continue Reading

Accountancy body urges CRO to extend filing deadline past November 25

Accountants and companies preparing for annual returns filing cut-off date facing ‘extreme pressure’ due to pandemic working conditions. The largest accountancy body in the country wants the Companies Registration Office (CRO) to offer deadline extensions for businesses facing “extreme pressure” to meet the November 25 cut-off for annual returns. Chartered Accountants Ireland (CAI) has written […]

Continue Reading

Employers likely to struggle to fill Christmas jobs – Indeed

Employers in retail and hospitality are likely to struggle to fill Christmas jobs, according to data published today by jobs site Indeed. It found that whilst postings for seasonal roles are just 2% lower than 2019, before the pandemic, the number of people searching for seasonal jobs is down 24%. Postings of available roles and […]

Continue Reading

Christmas shopping? Know your rights

It’s the most wonderful time of the year, unless you get scammed by rogue traders. With just five weeks to go until Christmas, it is important to know your consumer rights when it comes to buying presents – both in store and online. With talk of stock shortages and shipping delays due to the pandemic […]

Continue Reading

Contactless payments hit new record highs

Contactless payments have hit new record highs, while the number of people using online banking continues to grow, according to figures from Banking and Payments Federation Ireland. Almost 234 million contactless payments were made in the third quarter of the year, worth nearly €3.8 billion. The figures reveal the value of contactless payments was up […]

Continue Reading

Almost 40% of Irish firms don’t have a sustainability strategy

43% of Irish companies have firm plans to be carbon-neutral or achieve net zero, according to a survey by IT company DataSolutions. The findings show that 65% of businesses expect to achieve their goal by 2030. 105 IT leaders were surveyed as part of the research, which was carried out by Mediateam. On a more […]

Continue Reading

Revenue warns of hidden costs when buying online from outside the EU

Revenue has reminded shoppers that they should check whether the advertised price of goods includes all tax and duty costs when buying online from outside the EU in the run up to Christmas. The tax collection agency said that where the price does not include these costs, additional charges may apply when the products arrive […]

Continue Reading