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Government €160m Boost to Covid Business Grants
New Scheme targets businesses currently ineligible for CRSS & other sector specific grants Wholesalers, suppliers, caterers & events companies down 75% or more in turnover expected to benefit €10m extra for companies developing and making PPE & equipment used in fight against Covid-19 The Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar T.D.…
Read MoreFirms alerted to Brexit requirements that apply to some workers
Irish companies employing UK nationals working in other EU member states are being alerted to changes arising from Brexit which mean that their employees are now subject to potential work permission requirements. The same requirement applies to EU national employees hired here who need to travel to the UK for work purposes. The accounting and…
Read MoreSecurity to the fore as firms and consumers opt for digital in greater numbers
Almost half of Irish small businesses surveyed by payments company Visa said they were now offering contactless payments options to their customers for the first time. That is up from 15% of firms who said they were doing so in June of last year, as businesses were adapting to new demands amid the Covid-19 pandemic.…
Read MoreRevenue apologises to hauliers for import system problems
Revenue has apologised for ongoing intermittent performance problems with its main import system. This has led to difficulties and delays for businesses trying to bring goods into the country since the end of the Brexit transition period. Tom Talbot, head of the Revenue Customs operation at Dublin Port, said degradation issues with its Automated Import System…
Read MoreWarned over financial cost of Covid restrictions, construction may reopen 5 March
The Government has been warned that the financial costs of continued restrictions are very large and that the short-term economic outlook has worsened due to the current Level 5 restrictions. Covid-19 contingency funds could run out by the middle of the year if restrictions are only eased gradually after 5 March. The additional costs of…
Read MoreSteep fall in construction activity as sites remain shuttered
There was a sharp reduction in construction activity in January as the industry was largely shuttered under the latest Government restrictions introduced to curb the spread of Covid-19. The monthly measure of activity in the sector, carried out by Ulster Bank, captured the sharpest decline in activity since May of last year. It brought to…
Read MoreLowest rate of rental inflation in nine years as Dublin prices fall in the year – daft.ie
It was a tale of two rental markets in 2020 with monthly rents in the capital down 3%, but outside of Dublin, rents were up 5%, the latest rental report from property website daft.ie shows. The average rent per month nationally stood at €1,414 in the final quarter of the year, up 0.9% on the same time…
Read MoreBrexit pushes cost of buying used car from UK higher
Revenue has warned that anyone buying a used car from the UK needs to be aware of the significant additional costs that may apply, following the end of the Brexit transition period. Since the UK became a “third country” on January 1, used cars imported from there that were originally manufactured in the EU or…
Read MoreLate year surge in home completions brings 2020 close to 2019 levels
There was a big increase in the number of housing projects completed in the final three months of last year, new Central Statistics Office figures show. That push brought the number of new dwellings last year close to the number completed in 2019, the CSO said. The CSO figures published today show that the number…
Read MoreNew guidelines on personal injury damages to be considered
A full meeting of the Judicial Council will consider draft guidelines which, if adopted, will recalibrate the level of damages that can be awarded to claimants involved in personal injury cases. The new guidance has been drawn up by the council’s Personal Injuries Committee, following a detailed analysis of the issue and was submitted to…
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