Practice News

Target of 900K electric vehicles by 2030 difficult – industry experts

1st November 2021

Getting 900,000 electric vehicles on Irish roads to slash transport emissions by the end of the decade will be difficult if current levels of cars sales continue, Morning Ireland has learned. Brian Cooke, Director General of the Society of the Irish Motor Industry [SIMI], told the programme that reaching the 2030 target – as set […]

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Manufacturing growth back near record high – PMI

1st November 2021

Growth in factory activity rose back towards all-time highs in October despite production remaining constrained by supply delays and input and output price inflation hit fresh record levels, a survey showed today. The AIB IHS Markit manufacturing Purchasing Managers’ Index (PMI) rose to 62.1 from 60.3 in September, having hit a record 64.1 in May. […]

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How to tell if an ‘eco-friendly’ firm is greenwashing

1st November 2021

We’re seeing more ‘eco-friendly’ and ‘all natural’ products on our shelves, as consumers demand more sustainable choices. But as companies come under increased pressure to meet their Environmental, Social, and Governance (ESG) goals, how can we tell if some are twisting the truth? When their sustainable claims are untrue or exaggerated they can be accused […]

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Nightclub owners face fines for Covid breaches

29th October 2021

Nightclubs and venues that breach new ticketing laws will be fined up to €2,500 under regulations which come into force today. Tickets must be purchased at least one hour in advance and contain names and phone numbers to facilitate contact tracing, while patrons should be advised their details will be held for 28 days. Under […]

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Ulster Bank urges customers to get ready for changes

29th October 2021

Ulster Bank is encouraging customers to get ready for changes coming next year as part of the bank’s withdrawal from the Irish market, which was first announced in February. But the bank said it is continuing to serve its existing customers, so no action is required by them yet. Ulster Bank said it will contact […]

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30% of households have filed Local Property Tax return

29th October 2021

Around 30% of households liable for the Local Property Tax have filed their return, ahead of the deadline which is just over a week away. Revenue said around 95% of those returned were filed online in either My Account, ROS or the LPT Online Portal. The deadline for filing is 7 November. “Before submitting the […]

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Changes to employment permit system to address shortages

28th October 2021

Changes are being introduced to the employment permit system to allow a greater number of workers from outside the European Economic Area work here. The changes will include the removal of quotas for HGV drivers, as well as additional permits for hospitality managers and a loosening of the rules for construction workers, opticians and meat […]

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IoD: 33% of boards have no succession plan

28th October 2021

One third of business leaders say their primary board does not have a succession plan in place to replace board members, according to new data from the Institute of Directors (IoD) in Ireland. “A board with no succession plan is not future-proofing its business nor planning for the board diversity which is essential for an […]

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Global tax rate could see Ireland collect extra €12.4bn

28th October 2021

Ireland could collect an extra €12.4 billion in corporation tax under the proposed 15% global minimum rate. That’s according to figures published today by the EU Tax Observatory, an independent think-tank based in Paris that receives funding from the EU. Based on OECD tax figures for 2016 and 2017, the Observatory estimates that the rule […]

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Third quarter mortgage drawdowns jump by 40.9% – BPFI

27th October 2021

New figures show that the volume of new mortgages drawn down in the third quarter of this year jumped by 40.9% compared to the same time last year. Banking & Payments Federation Ireland (BPFI) said a total of 11,479 new mortgages, worth €2.784 billion, were drawn down by borrowers during the third quarter of 2021- […]

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