Syndicated

Unfair workload after four-day week shift

Query: I recently moved to a four-day week as I found the juggle of a full-time job and the rearing of two children too difficult. However, although my pay has been cut by a fifth to reflect the fact that I’m no longer working five days, I’m finding that I’m still expected to produce the same amount of work in four days as I did in five days. This seems …

House price rises now at lowest level in 15 months

The rate at which property prices are increasing continues to ease off.

This is being put down to buyers reaching the limit of what they can borrow due to Central Bank lending restrictions.

Figures from the Central Statistics Office (CSO) show residential property prices at national level increased by 10.4pc in the year to July.

This compares with an increase of 12pc in the year to June, and an increase …

Asia shares worn out by trade tension, yen a safe harbour

Asian shares carved out a 14-month trough on Friday as investors feared a new salvo of Sino-US tariffs could come at any moment, while a slump in US chip stocks rippled through the tech-heavy region.

Spreadbetters pointed to a firm start for European markets with futures for Eurostoxx 50, Germany’s Dax and London’s FTSE reversing early losses to be last up 0.1-0.3pc. EMini futures for the S&P were a tad …

Irish fintechs target growth in digital-savvy Nordic nations

Irish fintechs have been active in the Nordics for years, with an increasing number targeting growth in the region. Success has been built on shared attitudes to innovation and the potential of both markets to develop as globally significant fintech hubs.

“Similar to the Irish approach, the Nordic financial services industry is quite innovative. They are willing to both leverage and embrace new technologies to drive revenue and reduce cost,” …

No-deal Brexit threat to our food firms

Bord Bia, Greencore, and the Revenue Commissioners were among a batch of parties to issue stark warnings to the Irish food industry on its looming tariff-laden future last week.

Talk of rotten produce and intensified border checks painted a bleak picture during a British and Irish Chamber of Commerce event. The agri-food industry exports around €11.15bn a year, 37pc of which ends up in the UK.

Those exports face an …

Majority of Irish IT professionals do not trust social media

The majority of Irish IT professionals do not trust social media providers to manage their personal data carefully.

In addition, the survey of 111 IT decision makers found that 87pc of retailers, two thirds of Government bodies, 63pc of utility providers, and just over half of banks are all not to be trusted to protect their personal data.

The only group that is trusted by the majority (53pc) of professionals …

SMEs are not good at chasing tenders but help is at hand

Under 10pc of SMEs have managed to win a lucrative government contract and many don’t even bother to apply – but a new company is now there to lend a helping hand Every morning when I check my phone, I am certain that there will be an email in my inbox from the e-tenders website. I subscribed years ago for the areas that my company is interested in which include …

Tax Institute boss hits out at Revenue ‘delays’ and ‘inconsistency’

THE new president of the Irish Tax Institute has lashed out at Revenue, saying businesses have been facing big delays in getting clarifications on important tax questions.

Marie Bradley said some businesses are waiting three to six months for answers on technical questions.

This, she said, leaves “many businesses in the dark about their decisions and the tax compliance consequences”.

“It stalls investment, creates uncertainty and ultimately stifles growth in …

Central Bank orders fund managers to review fees

Regulators at the Central Bank have ordered managers of Irish-domiciled mutual funds to review fees charged to investors, after uncovering evidence of possible overcharging.

The Central Bank of Ireland’s Director General Financial Conduct, Derville Rowland, said the regulator is concerned that guidance on how fees are levelled is not being applied in a consistent and comprehensive manner across the industry, which, she said, could lead to the overpayment of performance …

Thousands of families face huge inheritance tax bills as home values rise

Thousands of families are set to be hit with huge tax bills when they inherit homes and other assets this year.

And many are in for a shock, as half of people mistakenly believe their family home is exempt from inheritance tax.

It comes as Revenue figures show the money paid in inheritance tax has doubled since 2010, reflecting sharp rises in the value of homes.

Close to €500m is …

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