News

Tax advisers demand urgent SME action

Tax advisers have written to Finance Minister Paschal Donohoe claiming tax law is in need of “urgent reform” in order to support the SME sector through Brexit. Umbrella group the Consultative Committee of Accountancy Bodies – Ireland (CCAB-I) highlighted how changes to the Employment Investment and Incentive (EII) scheme have had “a substantially negative impact […]

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Central Bank’s arrears figure ‘overstated by a huge amount’

The Central Bank has been producing data that “grossly” overstates mortgage arrears, calling into question a raft of home repossessions. Statisticians in the bank have admitted there is a problem, and are set to change how they calculate missed payments. They have been accused of producing “grossly exaggerated” mortgage arrears figures. It means that the […]

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Credit unions to pay refunds after miscalculating interest on loans

More than 150 credit unions have to carry out an expensive trawl of their loan books after it emerged thousands of members have been overcharged on loans. The overcharging amounts are small, but the Central Bank has ordered credit unions to provide information on how they deal with accrued interest on top-up loans. Average overcharged […]

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More females required to meet construction demand – CIF

Increasing numbers of female construction workers is key to solving Ireland’s housing and infrastructure crises. This is according to the Construction Industry Federation (CIF). Ahead of the launch of its first ‘Diversity and Inclusion Guidance’ document for the construction sector, aimed at addressing gender imbalance in the industry, key construction leaders said that more female […]

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UK warns there will be no Brexit deal unless EU softens on Irish border

Britain will leave the European Union without a deal unless the bloc’s leaders soften their position on the Irish border, Transport Secretary Chris Grayling told the BBC. EU leaders abruptly cautioned May on Thursday that unless she gave ground on trade and the Irish border by November they are ready to cope with Britain crashing […]

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WATCH: Is this the most powerful iPhone ever? A review of the Xs and Xs Max

Apple says that it’s the most powerful iPhone ever. But with its new 6.5-inch display, it looks like nothing can stop the iPhone Xs Max from becoming even more of a substitute for your television and your camera. There are three main takeaways I’m left with after my first week with the iPhone Xs and […]

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Dublin Airport on course for 30 million passengers

Dublin Airport was the 14th-busiest in Europe during July, handling more than 3.3 million passengers. In the year to July, Dublin Airport was also the 14-busiest, with 18 million people passing through the gateway. London Heathrow was the busiest, with 45.9 million passengers, according to new data from Airports Council International (ACI). In the year […]

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Families face being nearly €200 worse off after Budget in spite of income tax cut

Households face being up to €190 worse off after the Budget as income tax cuts could be wiped out by increases in other charges and levies. The Budget is likely to see an increase in the amount of money people can earn before they hit the top rate of income tax, but this could be […]

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Technology giants face payouts to media firms in EU copyright battle

Technology firms such as Facebook would have to share more of their revenue with the publishers of content used online under a shake-up of copyright rules. The European Parliament has backed a law that would help media, video, music and other rights holders seek compensation for use of their content online. It was hailed as […]

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Unfair workload after four-day week shift

Query: I recently moved to a four-day week as I found the juggle of a full-time job and the rearing of two children too difficult. However, although my pay has been cut by a fifth to reflect the fact that I’m no longer working five days, I’m finding that I’m still expected to produce the […]

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