Archive for February 2024
Over supply of Dublin offices could continue until 2027
The over supply of office space in Dublin could continue until the end of 2026 or start of 2027, new research suggests. The study by BNP Paribas Real Estate Ireland finds a delay in completing buildings last year has now spilled into this year. This has led to excess supply in the market which is…
Read MoreEmerging Trends in Financial Reporting: Staying Ahead in 2024
As we move into 2024, the landscape of financial reporting is evolving rapidly. Emerging trends are reshaping how companies report their financial performance, driven by technological advancements and changing regulatory environments. Here’s a look at some of the key trends in financial report…
Read MoreNew tenancy rents rose faster than existing ones last year, says RTB
Rents in new tenancies went up faster than in existing tenancies, according to new figures from the Residential Tenancies Board (RTB) for July to September last year. National average rents for new tenancies were €1,598 per month, up 11% on the previous year, while existing tenancies rose 5.2% to a national average of €1,357. Breaking…
Read MoreDublin Airport expansion ‘essential’ for economic growth, says Chambers
Minister of State Jack Chambers has said he believes the personal criticism of Minister for Transport Eamon Ryan by Ryanair CEO Michael O’Leary was “very unfair”. “I think that’s unwarranted to personally criticise a minister in that way,” Mr Chambers said. He said however that he fully supported the expansion plans from the daa, which…
Read MoreTech employers faced with wage pressures and talent shortages
Employers in the tech sector are facing challenges when it comes to wage pressures and the availability of talent. According to the 2024 Stelfox Salary Guide Survey, 70% of tech employers in Ireland say wage pressure is a major hurdle they will need to navigate in 2024, while an even greater number, 83%, are grappling…
Read MoreEmerging Trends in Financial Reporting: Staying Ahead in 2024
As we move into 2024, the landscape of financial reporting is evolving rapidly. Emerging trends are reshaping how companies report their financial performance, driven by technological advancements and changing regulatory environments. Here’s a look at some of the key trends in financial reporting that KAAS feel businesses need to be aware of. Increased Emphasis on…
Read MoreTax take rises in January, driven by VAT, income tax
The amount of tax collected by the State increased by almost 5% in January when compared to the same time last year, driven by strong VAT and income tax receipts. The latest figures from the Department of Finance show that overall tax revenue for the month stood at €7.8 billion. January is a VAT-due month,…
Read MoreBuilding a Business Budget: Foundational Steps for Financial Success
A well-structured business budget is a roadmap to financial success. It provides a clear picture of where your business stands financially, what it can afford, where it can save, and what it can invest. Here’s how to lay the foundational steps for an effective business budget.
Understand…
Weakest pace of services expansion in 3 years in January – AIB PMI
There was a marked slowdown in the rate of expansion in activity in the services sector in January, according to AIB in its latest Purchasing Managers’ Index. The overall index came in at 50.5 in the month – just above the 50 breakeven point that separates expansion from contraction in a given sector. It was…
Read MoreGlobal economy to fare better than thought in 2024 – OECD
The global economy is on course to hold up better this year than expected only a few months ago as an improved outlook in the United States offsets euro zone weakness, the OECD said. World economic growth is expected to ease from 3.1% in 2023 to 2.9% this year, better than the 2.7% expected in…
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