The EU’s Economy Commissioner has said he is confident there is “a chance to find a shared way” that would see Ireland sign up to a global tax agreement that would see the corporate tax rate increase to 15%. Paolo Gentiloni told Morning Ireland that he knows how challenging the issue is for Ireland. The…
Tens of thousands of workers across the country will begin returning to their offices and places of work from today, as Covid-19 restrictions ease further. Rules around organised indoor group activities are also being relaxed, while limits on outdoor group activities for participants are being removed. The changes come some 18 months after non-essential workers…
Minister for Public Expenditure Michael McGrath has said there will be a number of key objectives in framing Budget 2022. Speaking on RTÉ’s This Week programme, Mr McGrath said that it includes the priority of public services being able to resume in “as normal a way as possible” after a difficult 18 months and people…
Hospitality was one of the industries worst affected by the Covid crisis, or to put it in the words of Adrian Cummins of the Restaurant Association of Ireland, “It was economically flattened”. Hotels and restaurants have had to navigate lockdowns and restrictions and Covid safety guidelines, but as they reopen, they are facing another challenge…
A new consultation has been launched on strengthening the rights of employees in Ireland. Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar is seeking views on an EU directive on employment law. One of the considerations is putting limits on the length of probation people have to serve when starting a new job….
The State will end up spending €41 billion on pandemic supports, according to a paper from the Tax Strategy Group. The paper also says future changes to the Employment Wage Subsidy Scheme (EWSS) will require an employer to make a contribution to employee wages. The Tax Strategy Group (TSG) is made up of civil servants…
Family run businesses employ nearly 1 million people in Ireland – and collectively are one of the biggest employers in the country. The National Family Business Sentiment Report 2021 shows that they want to employ more people. Eight out of 10 family businesses hope to hire new employees in the coming 12 months if there…
Most investors are ‘going digital’, with new research revealing that 56% of those surveyed make investments online. The survey commissioned by the Competition & Consumer Protection Commission (CCPC) reveals that almost 80% said they invest for better long-term returns on their money. Meanwhile, almost half were motivated to invest due to current low interest rates….
Residential property prices rose on an annual basis by 8.6% – the fastest annual pace in three years – in July, according to the latest figures from the Central Statistics Office. The figures also show that the number of property transactions is now back to pre-pandemic levels. Today’s figures from the CSO show not only…
The Irish Fiscal Advisory Council has said the economy is recovering ‘swiftly’ but government spending plans for the upcoming Budget are “at the limit of what is prudent”. In its pre-Budget Statement, published today, the budgetary watchdog also warns there is a one-in-four risk that government debt could end up on an unsustainable path. The…