Archive for July 2025
Government considers delaying hospitality VAT reduction
The Government is considering whether it should delay introducing a VAT reduction for the hospitality sector until the middle of next year. It is understood the aim would be to create the fiscal space for more tax cuts in next October’s budget. The Coalition’s programme for government contains a commitment to reduce VAT on the…
Read MoreMore powers for IRB among action plan on insurance costs
Improving pricing transparency and giving the Injuries Resolution Board (IRB) more powers are among the main measures outlined by the Government to bring down insurance costs in the latest action plan on insurance reform. The plan, launched today, runs until 2029 and contains a total of 26 actions to bring down insurance costs, ten of…
Read MoreFirms expect impact from sweeping US regulatory changes
An overwhelming majority of Irish financial services organisations expect the sweeping regulatory changes emanating from the US to have an impact on Irish firms. The area where this is most obvious is tariffs. More than nine in ten organisations expect Irish firms to be hit by US regulatory changes, with more than two thirds concerned…
Read MorePlanning Beyond Profit: Building a Sustainable Financial Legacy
At KAAS we know for many business owners, profit is the primary measure of success. While profitability is essential, the most accomplished entrepreneurs think beyond short-term gains and focus on building a sustainable financial legacy — one that benefits not only themselves, but also their families, employees, and communities for years to come. A financial…
Read MoreGovernment to review work permit occupations lists
The Government has announced the opening of a consultation period to allow stakeholders make submissions on the work permit occupations lists. The Critical Skills Occupations List consists of jobs that are in short supply in Ireland and across the European Economic Area (EEA) including roles in areas such as medicine, ICT, sciences, finance and business.…
Read MoreScope for €1.5 billion in tax cuts for Budget 2026
The Government is allowing scope for €1.5bn of tax cuts in Budget 2026, according to the Summer Economic Statement. The spending package will be €7.9bn, which is a 7.3% increase on 2025. It means the total package of tax cuts and spending increases will be €9.4bn in the budget next year. However, the Summer Economic…
Read MoreOver 6,500 Irish SMEs helped by National Enterprise Hub in first year
More than 6,500 SMEs have been directly supported by the National Enterprise Hub (NEH) in the first year since its launch. The National Enterprise Hub is an initiative of the Department of Enterprise, Tourism and Employment and Enterprise Ireland and brings together information and resources on over 250 Government supports from 30 different departments and…
Read MoreCreating a Stronger Balance Sheet: Strategies for Long-Term Stability
At KAAS Kildare Audit we know a strong balance sheet is more than a snapshot of your business’s financial position — it is a foundation for long-term stability and growth. Yet many business owners focus solely on profit and loss, overlooking the importance of maintaining a healthy balanc…
Read MoreGovt to discuss checks on legal challenges to planning decisions
Businesses and individuals bringing legal challenges to planning decisions will face additional restrictions under changes being discussed at Cabinet today. Minister for Housing James Browne is reforming the area of judicial reviews in Irish planning amid Government frustration at delays in securing permission for large housing developments. It is understood that the “leave to apply”…
Read More€40bn for housing and water services under new infrastructure spending plan
The Government is due to announce the details of a flagship plan to build infrastructure over the next five years, which will include €40 billion for housing including water services. The revised National Development Plan will contain €100bn funding for housing, energy, water and transport projects from 2026 to 2030. Around €30bn of that figure…
Read More