Archive for October 2024

Activity in the service sector increased at the strongest rate in six months in September as cost pressures eased, new data shows. The latest AIB Global S&P Purchasing Managers’ Index (PMI) shows that growth of both new business and employment moderated. But outstanding work increased, and the 12 month outlook rebounded since August. The index…

New figures from the Central Statistics Office show that the unemployment rate stood at 4.3% in September, down from a revised rate of 4.5% the same month last year. The CSO also said today that the unemployment rate for August was revised to 4.4% from 4.3%. Today’s figures show that the monthly unemployment rate in…

A landmark report commissioned by the Western Development Commission (WCD) has found critical challenges facing the western and north western region in the areas of infrastructure, housing and income. The report found that average disposable income in the region is over €3,000 below the national average. New house completions in the western region fell from…

Interest rates play a critical role in the financial landscape, influencing everything from consumer spending to corporate investment. For businesses, the fluctuation of interest rates can have a significant impact on the cost of borrowing and the overall financial health of the company. Whether you’re a small start-up or a larger enterprise, understanding how interest…

The amount that can a person can receive as a gift or inheritance from a relation before having to pay Capital Acquisitions Tax will be increased as part of Budget 2025. The Group A threshold for CAT, which includes gifts or inheritance from parents to their children, will rise from €335,000 to €400,000. The Group…

The Dáil has voted through elements of Budget 2025. These include excise on tobacco products and changes to value added tax, capital acquisitions tax and stamp duty. Each came into force at midnight. Taoiseach Simon Harris said Budget 2025 was the last of this Government’s mandate and he was looking forward to going to the…

For the latest information from the 2025 Budget Announcement, please visit RTE: https://www.rte.ie/news/2024/1001/1472893-budget-2025-politics/

For many business owners, the word “audit” can evoke a sense of dread. Audits often carry a reputation for being time-consuming, stressful, and complex. However, an audit, when understood and approached correctly, is an essential process that ensures your business complies with financial regulations, promotes transparency, and provides stakeholders with confidence in your operations. Whether…