€1bn tax surge that lifts hopes of Budget ‘giveback’

The startling turnaround in fortunes is down to rising employment, a bounce in spending and improved company profits. These all helped push the tax take 20pc ahead of target last month. Mr Noonan collected €440m more than anticipated last month […]

One third of SMEs expect to hire over coming months

Business and labour costs are among the key issues for bosses who will be forced to let staff go, the Small Firms Association (SFA) said. SFA director Patricia Callan warned Irish labour costs are still the 11th highest in Europe […]

Irish stocks rise in line with Europe

In Dublin, the ISEQ Overall Index closed up 39.39 points, or 0.8pc, at 4,822.52 points as heavyweights such as Ryanair extended recent gains. The airline closed up 3.2pc at €7.38. Oil company Providence Resources erased some recent losses to close […]

Dublin office rents to soar by 30pc this year, says HWBC

Independent property firm HWBC said numbers have already jumped by 15pc so far this year and are well ahead of the 10pc forecast. In a review it said that the rapid rise will force some tenants to look to the […]

Second-home tax disputes ‘headed for court’

The new penalties kick in today for people who did not pay arrears of the €200 per year flat-rate tax, which ran from 2009 to 2013, before being replaced by local property tax based on value. A partial amnesty which […]

Insolvencies fall in worst-hit areas of the economy

The number of new businesses being launched is up sharply across all sectors. There were 983 new companies formed in August – up 8.4pc on the same period last year. It breaks down as 38 start-ups launched every day last […]

Bank’s Christmas bonus for paying your mortgage

The Belgian-owned bank is offering to repay customers the interest they pay on their mortgage in December, up to a maximum of €2,000. A letter setting out the terms of the offer has been sent to customers by the bank’s […]

Yes, we’ve turned a corner but tough road lies ahead

Beyond the glimmers of hope that occasionally emanated from the headline data, it was clear that there was a consistent narrative – the domestic economy was stuck in reverse while the export-oriented multinational sector performed resiliently, a function of the […]

Public servants to be paid by end of day after Bank of Ireland glitch

The issue had a knock-on affect on payments to AIB, Ulster Bank and Permanent TSB accounts although it is not yet known how many people were affected in total, according to Bank of Ireland although it did say that most […]

Burton axes Budget tax bonus for families

Her predecessor, Eamon Gilmore, put a child tax credit on the table as a key Budget demand from the junior coalition partners to ease the burden for hard-pressed taxpayers. Mr Gilmore hoped it would win favour with families across the […]

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