News

THE self-employed have emerged as major gainers from the measures announced. Those who work for themselves will be able to earn more before paying tax, will get a new entitlement to Jobseeker’s Benefit if they lose their jobs, and have escaped any increase in social insurance contributions. The changes are set to benefit some 150,000 […]

Multinational companies (MNCs) moving assets offshore to another tax jurisdiction now face an exit tax of 12.5pc as a result of Budget 2019. The new measure, which took effect from midnight last night, will tax unrealised capital gains where companies migrate residence or transfer assets offshore. The “big surprise” from the Budget follows sweeping changes […]

The Finance Minister described it as a “caring” budget that will secure Ireland’s future. He spent some 75 minutes outlining the budget with spending plans amounting to 66.5 billion euro Here are some of the key points from Budget 2019: – Spending on health will increase by a billion euro which brings the total budget […]

A share option scheme for Irish SMEs launched as part of Budget 2018 has had no uptake and needs to be modified, according to an industry group that lobbied for it last year. The Key Employee Engagement Programme (Keep) is supposed to help small and medium enterprises (SMEs) hold on to talent by granting workers […]

Shares in Asia slumped Monday as China’s markets stumbled in their first trading day after a one-week holiday even though Beijing’s Central Bank increased liquidity to offset the impact of an escalating trade dispute with the United States. European markets were also set to weaken, with financial spreadbetters expecting the FTSE to open 0.07pc lower, […]

This week I’m going to write about the most difficult slide in your entire pitch deck. This particular slide outlines the evidence that you have a real business, by showing that a market demand exists. Even if you have a real business, with real customers, and real traction, it may not be enough, especially for […]

SMEs are the engine of the Irish economy. They make a major contribution to economic development and employment. Their performance is very closely linked with overall economic health, including to consumer sentiment – because people’s confidence in their own finances and purchasing ability influence the performance of SMEs. Businesses’ confidence is equally important; the more […]

A MAJOR stock market-listed US real estate investment trust, CyrusOne, has been granted planning permission for a massive €400m data centre in Dublin. It will be the Dallas-based company’s first data centre project in Ireland and will significantly boost its global data centre footprint. Nasdaq-listed CyrusOne, with a $6.6bn (€7.5bn) market capitalisation, currently has more […]

Everything will be hit, including CAP, if there is a hard Brexit, RTE Europe Editor Tony Connelly told a recent Brexit conference. “The EU budget would be impacted and CAP would come under attack,” Mr Connelly said, adding though, that he was of the view that the Commission didn’t want a radically cut CAP budget […]

A European payments system crash left thousands of people without vital payments. People who receive social-welfare payments, such as child benefit and farm assist, found there were no funds in their accounts yesterday morning. An industry-wide issue affected European payments across a number of banks. People whose payments were due to be paid into accounts […]