Finance Minister Michael McGrath has advised the European Central Bank to exhibit caution and consider the impact of raising interest rates on households and firms. He has urged businesses to contribute to the fight against inflation by cutting prices. McGrath shared this sentiment during his meeting with ECB officials in Stockholm, stating that the monetary … Read more
The Irish government is likely to see a surplus of over €12 billion estimated for next year. This surplus is expected to be a result of various factors, such as a recovering economy and increased tax revenues. The government has already implemented measures to use this surplus, with plans to invest in public services and … Read more
The Minister for Finance has made a bold prediction that the government will see record corporation tax receipts in the year 2023. This news is welcome for both the government and the economy, as corporation tax is a major contributor to the state’s revenue. With this projected increase, the government will be able to fund … Read more
Ireland has recently experienced a significant Corporation tax windfall of €9.4 billion. This amounts to approximately €5,000 for each man, woman, and child living in the State. The news has aroused great interest and debate, with many people wondering how this money should be spent or invested. The unexpected windfall has put the government under … Read more
Ires Reit, Ireland’s largest residential landlord, has found itself in a precarious position as it ranks as the most unloved stock on the country’s main stock index, the Iseq 20. Despite a strong start in 2021, the company’s share price took a plunge due to the rising interest rates and the uncertainty caused by the … Read more
As the population continues to age, the pension crisis in the UK is becoming increasingly severe, with many people facing the prospect of a bleak retirement. However, there may be some hope on the horizon with the introduction of a new savings vehicle that uses corporate tax to defuse the pensions time bomb. This innovative … Read more
As technology continues to advance, customers are presented with more options than ever before when it comes to banking services. However, a new report from the Economic and Social Research Institute (ESRI) has found that the majority of bank customers in Ireland are losing money by not switching to more beneficial accounts or services. In … Read more
Ireland has long been known as a prime location for multinational corporations to set up shop due to its low corporate tax rate. However, recent news suggests that the country may be changing its tune. The Irish government has indicated that it may not implement a 15% headline corporate tax rate, a global minimum tax … Read more