Archive for August 2025
Revenue Audits in Ireland: A Business Owner’s Checklist
At KAAS we know a Revenue audit is one of the more daunting experiences for Irish business owners. It can feel like a test of everything from bookkeeping practices to tax compliance. While the process can be challenging, being prepared makes a significant difference. By knowing what Revenue looks for and how to organise your…
Read MoreTrump threatens tariffs on countries seen targeting US tech firms
US President Donald Trump has threatened further tariffs and export restrictions against countries that he says are targeting US tech firms. “Digital Taxes, Digital Services Legislation, and Digital Markets Regulations are all designed to harm, or discriminate against, American Technology,” Mr Trump wrote on his Truth Social platform. His comments appear targeted at European countries…
Read MoreConsumer sentiment improves slightly in August – survey
Consumer sentiment recovered in August from a near two-year low as concerns about the impact of tariffs on European Union exports to the US appeared to ease, a survey showed today. The Credit Union Consumer Sentiment Survey improved to 61.1 in August from 59.1 in July. The reading is below the 72.1 level posted in…
Read MoreNumber of derelict properties nationwide down 2.9% – report
The number of derelict properties around the country has fallen, according to the latest GeoDirectory Residential Buildings Report. The analysis is based on a study of the stock of houses and apartments across Ireland. The report also showed the number of new addresses added to the database was up 33,000 in the 12 months to…
Read MoreRevenue Audits in Ireland: A Business Owner’s Checklist
At KAAS Kildare Audit we know a Revenue audit is one of the more daunting experiences for Irish business owners. It can feel like a test of everything from bookkeeping practices to tax compliance. While the process can be challenging, being prepared makes a significant difference. By knowing what Re…
Read MoreGerman economy shrank 0.3% in second quarter as US tariffs slowed exports
German economy shrank 0.3% in second quarter as US tariffs slowed exports Germany’s economy shrank by 0.3% in the second quarter compared with the first three months of the year, as demand from its top trading partner the US slowed following months of buying ahead in anticipation of US tariffs. The statistics office today revised…
Read MoreDutch online bank Bunq fined for sloppy money laundering control
Dutch online bank Bunq has received a €2.6m fine for failures in its money laundering controls, Dutch central bank DNB said today. Bunq said it disagreed with DNB’s decision, to which it has formally objected. DNB said Bunq was fined in May for “serious shortcomings” in four cases between January 2021 and May 2022, in…
Read MoreGrocery inflation still rising, hitting 5.86% in August
New figures from Worldpanel by Numerator show that grocery inflation continued to rise in August, increasing from 5.43% to 5.86% now. Today’s figures show that shoppers contributed an additional €68.2m to the grocery market’s overall performance in August, due to several festivals, sell-out concerts and the Galway Races. Take-home value sales rose 6.2% over the…
Read MoreGovernment warned of rising household bills as data centres strain grid
Senior officials have warned ministers that Ireland’s rapid growth in data centres is using up electricity capacity and adding to the risks around energy costs and climate targets. In a confidential memo issued in November last year, the Secretary General at the Department of Public Enterprise, NDP Delivery and Reform (DPER) said that soaring electricity…
Read MoreWhat’s in Trump’s trade deal with Europe?
The US and the European Union agreed a joint statement on the framework trade deal struck at the end of July to end months of uncertainty for industries and consumers. Here are the main elements of the statement, produced after weeks of wrangling, spelling out what both sides have agreed to. EU to eliminate tariffs…
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