Government seen as main barrier to bond scheme for Irish SMEs

ISE chief executive Deirdre Somers said the exchange is still in negotiations with the Department and Revenue Commissioners about ending the favourable treatment the tax system gives to government bonds. “There are some impediments, being honest, to launching a bond […]

Budget : OECD welcomes end of ‘double Irish’

Yesterday Finance Minister Michael Noonan said the scheme was ending for new entrants and it was being phased out over six years for companies already operating here. Pascal Saint-Amans, Director for the OECD’s Centre for Tax Policy and Administration, said […]

Christmas bonus back for over a million people on long-term welfare

The Government announced the return of a Christmas top-up payment worth 25pc of the weekly welfare rate for those on long-term social welfare payments. Welfare recipients used to get a Christmas bonus of a full week’s extra payment in December, […]

Budget 2015: Give and take

Budget 2015 marked the first time since the start of the economic collapse in 2008 when there were social welfare increases and tax cuts. The Government began reversing some of the austerity measures that were introduced over the past six […]

European banks raise more capital before ECB stress test: report

The euro zone’s 130 most important banks are set to find out on Oct. 26 how they have fared in the ECB’s landmark review, which is designed to banish lingering doubts about whether lenders value assets properly and are strong […]

New relief measures in Budget to cut water bills by up to €100

A two-pronged approach agreed by senior ministers will see the introduction of new tax relief measures and financial subsidies in tomorrow’s Budget, the Irish Independent can reveal. The Coalition plans to provide relief through both the tax and social welfare […]

€920 charge for going bankrupt faces cut to €400

The Insolvency Service (ISI) of Ireland has applied to a special committee that regulates how the courts operate to have the fees reduced. It currently costs a consumer €920 to go through the process of bankruptcy – now the intention […]

Drive to get young people and women into business

Jobs Minister Richard Bruton’s proposals aim to create an extra 93,000 jobs in start-up companies over the next five years. The entrepreneurship plan will include distinct measures to promote female entrepreneurship, including: l promotion of female role models;

Germans want Irish tax reform in return for deal on IMF loans

In a debate in the Bundestag, German parliamentarians praised Ireland for sticking to the bailout programme, while demanding that we use the €2bn that will be saved over the next seven years to slash debt rather than financing tax cuts. […]

German exports plunge by largest amount in five-and-a-half years

The Federal Statistics Office said late-falling summer vacations in some German states had contributed to the fall in both exports and imports, but the figures still painted a gloomy picture for Germany following steep drops in industrial orders and output […]

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