Posts by splash
EU ready ‘for all scenarios’ amid trade talks with US
The European Union is working closely with US President Donald Trump’s administration to reach a trade deal, but Brussels is getting ready for all scenarios, European Commission President Ursula von der Leyen has said. Addressing the European Parliament this morning, she said the EU will “stick to our principles.” “We defend our interests, we continue…
Read MoreSmart Exit Planning: How to Maximise Value When Selling Your Business
Selling a business is one of the most significant financial decisions an owner will ever make. Whether you’re planning to retire, move on to a new venture, or simply cash in on years of hard work, a strategic exit plan is essential to maximise the value of your business. At KAAS, we believe that when…
Read MoreIrish economy, as measured by national income, up 4.8% in 2024 – CSO
Ireland’s national income, a key measure of economic growth, rose by 4.8% last year according to the latest figures from the Central Statistics Office. The figure, which excludes the effect of multinationals, compares to growth of 5% a year earlier. The figures mean that the economy continued to enjoy robust growth last year. Personal spending…
Read MorePharmaceutical tariffs could reach 200%, says US President
US President Donald Trump has said he is planning to announce tariffs on imported semiconductor and pharmaceuticals, saying the rate for medicines could reach 200% but that he would give drugmakers about one year “to get their act together”. “We’re going to give people about a year, a year and a half to come in…
Read MoreNew awareness campaign for pension auto-enrolment scheme
A national campaign has been launched to raise awareness of the new pension auto-enrolment scheme which is now called “My Future Fund”. The multimedia advertising campaign will inform people about how the new system will work, who can participate, and what it will mean for them. The scheme will be rolled out from 1 January…
Read MoreTrump signs order delaying tariff deadline to 1 August
US President Donald Trump has signed an executive order delaying the date on which so-called “reciprocal tariffs” affecting dozens of economies, including the EU, will take effect. The Wednesday deadline for steeper levies will be pushed back to 1 August, according to the order. Earlier, White House Press Secretary Karoline Leavitt told reporters the deadline…
Read MoreConstruction activity falls for second month in a row
The level of home building slipped for the second successive month in June, according to AIB’s latest Construction PMI report. AIB’s Ireland Construction Total Activity Index also posted below the 50 no-change mark for the second month in a row in June – falling to 48.6 in June from a reading of 49.2 in May.…
Read MoreUnderstanding Director’s Loans: Financial Risks and Tax Implications
Director’s loans can be a useful tool for managing short-term cash flow between a company and its directors — but they’re not without risks. At KAAS, we believe that misunderstanding how these loans work can lead to unexpected tax liabilities, compliance issues, and even personal financial exposure. If you’re a company director, it’s vital to…
Read MoreProperty asking prices rising 7% annually – report
Asking prices for houses and apartments are rising at 7% annually, according to the latest quarterly report by property website MyHome.ie in conjunction with Bank of Ireland. The report said asking prices outside Dublin are rising by 7.9% and prices in the capital are up 5.1%. According to the report, the average mortgage approved in…
Read MoreComing hours crucial for US-EU trade talks, says Tánaiste
Tánaiste Simon Harris has said the coming hours will be crucial ahead of Wednesday’s deadline for the end of the US “pause” on higher tariff rates. Mr Harris will spend much of the day engaging with officials and the EU Trade Commissioner as a final push is made to find a way forward between the…
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