Enterprise Ireland provides a range of supports to Irish companies, including various types of grant assistance. Applications for start-up assistance are handled by the local City or County Enterprise Board, of which there are 35. Funding for established SMEs and large companies is dealt with … [Read more...]
Revenue Chairman comments on “shadow economy”
September 28, 2011 By
Revenue Chairman comments on “shadow economy” In her opening statement before the Public Accounts Committee last Thursday, Revenue Chairman Josephine Feehily spoke about the shadow economy. She commented that the shadow economy grows in times of recession “as people look for ways to replace … [Read more...]
Companies Bill 2012
August 12, 2011 By
The first 15 Parts of, most likely, 25 Parts, containing 952 sections of law have recently been published by the Company Law Review Group. It is likely that the complete Bill will be published around this time next year, and should be enacted by the end of 2012. The 15 Parts deal exclusively with … [Read more...]
Employment Initiative July 2011
August 10, 2011 By
JobBridge Employment Initiative A National Internship Scheme, known as JobBridge (www.jobbridge.ie) became effective on 1st July, whereby job-seekers who accept places for 6 or 9 months with participating employers will receive €50 per week in addition to their existing social welfare … [Read more...]
Credit Review Office Increases Loan Threshold
August 8, 2011 By
The credit review office has increased the threshold for loans which can apply for review from €250,000 to €500,000. A statutory instrument which gives effect to this change has been signed by the Minister for Finance Michael Noonan and comes into operation from 9 July 2011. The Credit … [Read more...]
Unannounced Revenue Visits
August 5, 2011 By
Unannounced Revenue visits are on the increase. This point has been brought up at the recent ITI Branch Network Meeting with Revenue in East South East Region. Traders need to be aware that a Revenue Auditor can at all reasonable times call unannounced to a premises where they believe a trade … [Read more...]
Commission on Credit Unions established
June 21, 2011 By
The Government has established a Commission on Credit Unions to review the future of credit unions and to make recommendations for the future regulation. Some credit unions have run into financial difficulty, while most are considered to be well capitalised. However, given the severe downturn in the … [Read more...]
Finance Act 2010
February 23, 2010 By
The Government recently published the Finance Bill 2010. Outlined below are some of the main measures contained within the Bill. Corporation tax Transfer pricing The Finance Bill has introduced transfer pricing legislation which will apply to transactions between associated parties. The new … [Read more...]
NAMA Business Plan
October 15, 2009 By
The Business Plan in relation to the operation of NAMA has recently been published by the Government. It is anticipated that €77bn of loans will be transferred from the banks to NAMA. This includes €9bn of rolled-up interest on non-performing loans. The underlying assets were valued at … [Read more...]
Revenue Investigations
June 29, 2009 By
Revenue are currently investigating funds held in Trusts and funds held in Single Premium Insurance Products ("SPIPs"). Approximately 80,000 policies fall into the latest round of examination. If you need assistance with Revenue enquiries into these or other matters, please contact us. We have many … [Read more...]
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