Ireland will not be isolated by EU efforts to change the company tax rules, EU Commissioner Phil Hogan said. The commissioner, who has publicly supported the Brussels decision last August to demand €12bn in back taxes from the multinational Apple, said the fallout from that decision led to many misunderstandings about EU tax plans. “There […]
Read MoreFirst-time buyers to drive market growth countrywide in 2017
First-time buyers will drive Ireland’s property market in 2017 with the highest city price increases of 10pc predicted for Galway and Limerick. Agents expect a 6pc rise nationally, driven largely by new demand from first timers who are expected to be most active where new homes are available. That is thanks to the easing of […]
Read MoreAIB to pay €190m in tracker mortgage compensation
State-owned lender AIB has set aside €190m to compensate customers who were wrongly removed from tracker mortgages, according to The Irish Examiner. AIB has reportedly also admitted it wrongly withdrew tracker mortgages from over 3,000 customers, confirmed that 14 people lost their homes as a result of the error. The Oireachtas Finance Committee heard in […]
Read MoreFirst-time buyers in rush for new tax break as 25 apply every hour
More than 25 applications are being made every hour by first-time buyers (FTBs) hoping to avail of a Government scheme to help them buy a home. Figures from the Revenue Commissioners show that 519 people have applied for a Government incentive to help them secure a deposit under the Help-to-Buy scheme since it was launched […]
Read MoreTax receipts at ‘historic high’ of close to €50bn
The tax take for last year reached a “historic high”, Finance Minister Michael Noonan has revealed. At €47.86bn, it surpassed the previous peak in 2007. While it was €639m above the target set when Budget 2016 was announced over a year ago, it came in slightly lower than the updated forecast announced when Budget 2017 […]
Read MoreOnline shopping marches on as 59pc of Irish make web purchase
THE growth of digital shopping across the EU continues unabated with an ever-increasing number of people now shopping online, according to a recent survey from Eurostat. Two thirds of internet users made an online purchase in 2016, according to the data. However, the percentages differ vastly across the continent, with 87pc of internet users in […]
Read MoreTax receipts at ‘historic high’ of close to €50bn
The tax take for last year reached a “historic high”, Finance Minister Michael Noonan has revealed. At €47.86bn, it surpassed the previous peak in 2007. While it was €639m above the target set when Budget 2016 was announced over a year ago, it came in slightly lower than the updated forecast announced when Budget 2017 […]
Read MoreTen top tips to keep control of your finances and finally save in 2017
After a roller-coaster 2016, suddenly the New Year is here. What surprises will it bring? After Donald Trump’s inauguration on January 20, it’s anybody’s guess. One thing you can control is how you plan your finances to make sure 2017 is a little easier on the pocket. Here are my top 10 tips to get […]
Read MoreTen top tips to keep control of your finances and finally save in 2017
After a roller-coaster 2016, suddenly the New Year is here. What surprises will it bring? After Donald Trump’s inauguration on January 20, it’s anybody’s guess. One thing you can control is how you plan your finances to make sure 2017 is a little easier on the pocket. Here are my top 10 tips to get […]
Read More‘Stimulating demand creates a bigger problem’ – Property expert on Help-to-Buy scheme as 10pc house price jump forecast
Hopeful house buyers “will find it tough to find something”, according to a leading expert on the property market. Economist at Trinity College, Ronan Lyons, predicts that house prices will continue to rise between 5pc and 10pc over the next 18 months. However, house prices in the capital have risen dramatically over the past three […]
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