Business News

Govt in ‘constructive’ talks with OECD on corporation tax

21st September 2021

The Government are engaging in “constructive” discussions with the Organisation for Cooperation and Development on corporation tax, the Taoiseach has said. Earlier this year the OECD said that 130 countries and jurisdictions have signed up to a plan that will bring sweeping new reforms to global corporation tax rules. Ireland was not on the list […]

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Government to help those struggling with increasing fuel bills – Ryan

21st September 2021

Minister for the Environment, Climate and Communications Eamon Ryan has said the Government will have to look at similar and potentially larger measures in this year’s Budget to support those struggling to pay fuel bills because of rising energy costs. Speaking on RTÉ’s News at One, Minister Ryan said these rising energy costs are as […]

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EU Economy Commissioner confident Ireland will sign up to new tax deal

20th September 2021

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 […]

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Thousands begin return to office as Covid-19 measures ease

20th September 2021

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 […]

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Public services a priority in Budget 2022 – McGrath

20th September 2021

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 […]

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Staff shortages affecting hospitality industry

17th September 2021

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 […]

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Consultation launched to strengthen rights of employees

17th September 2021

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. […]

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State will spend €41bn on pandemic supports, report finds

17th September 2021

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 […]

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Family businesses plan to hire more staff

16th September 2021

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 […]

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11% of investors hold crypto-assets, including Bitcoin

16th September 2021

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. […]

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