Posts by splash
Financial Impacts of Expanding Your Workforce: Planning for Growth
As businesses grow, one of the key indicators of success is the need to expand the workforce. Bringing in new talent can drive innovation, increase productivity, and open up new market opportunities. However, hiring more employees also brings a host of financial responsibilities that, if not properly planned for, can strain a company’s resources. At…
Read MoreStudy finds low levels of compliance with on-site and hybrid attendance policies
Just 10% of human resources professionals say that their organisation has a 100% level of compliance with on-site or hybrid attendance policies, new research has established. But the study also found that almost half of respondents reported a compliance level of at least 50%. The HR Update report, published by Ibec to coincide with its…
Read MoreConsumers warned of new ‘direct debit’ scam on the rise
Consumers are being warned of a new ‘direct debit’ scam which is falsely leading people to believe their bank account has been hacked. FraudSMART, the fraud awareness initiative led by Banking & Payments Federation Ireland (BPFI), said the scammers are persuading people to move their money to a so-called ‘safe account’ in order to protect…
Read MoreECB starting to debate if rates have to go below neutral, sources say
European Central Bank policymakers have begun to debate whether interest rates need to be lowered enough to start stimulating the economy, ending years of economic restriction, conversations this week with half a dozen sources indicate. The ECB has been cutting rates quickly this year but policymakers have so far said the goal is a neutral…
Read MoreStaffing, energy costs biggest worries for Irish SMEs – SBCI
A new survey from the Strategic Banking Corporation of Ireland reveals that access to skilled staff, high energy and transport costs as well as access to finance are the biggest risks identified by Irish SMEs. The Strategic Banking Corporation of Ireland is the State’s promotional financial institution and it has channelled over €4 billion in…
Read MoreGas emissions dropped by 2.2% in the first three months of the year
Progress on cutting Ireland’s greenhouse gas emissions continued during the first three months of the year with an overall reduction of 2.2% in emissions compared with the same three-month-period in 2023, according to a new quarterly emissions report from the Environmental Protection Agency. The first ever quarterly emissions data from the EPA shows electricity imports…
Read More€4 billion to be transferred from Exchequer to Future Ireland Fund
The State is transferring the first in a series of annual payments into a fund set up to invest windfall gains from taxing multinationals. Four billion euro is being moved from the Exchequer to the Future Ireland Fund. The fund is one of two vehicles set up to save some of the proceeds from corporation…
Read MoreUnderstanding Transfer Pricing: What Small Businesses Should Consider
Transfer pricing is a concept that may not immediately appear on the radar of small businesses, but for those engaged in international trade or with affiliated companies in different countries, it’s a crucial area of tax compliance and planning. Even though it is often associated with larger multinational corporations, small businesses that operate across borders…
Read MoreEuro zone firms report slowdown in business momentum, ECB says
Euro zone firms have recorded a further slowdown in business momentum but overall economic growth is likely to remain positive as expansion in services offsets a manufacturing recession, a European Central Bank quarterly survey of firms showed. The euro zone economy is barely growing as Germany, its biggest economy, could be in recession and the…
Read MorePetrol and diesel prices see third monthly fall
Petrol and diesel prices have decreased for the third month in a row, the latest AA Ireland fuel survey shows. Petrol dropped by two cents to €1.72 per litre in October, while diesel prices also dropped by a cent to an average of €1.66 per litre. AA noted that crude oil prices are fluctuating daily…
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