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Income tax/PRSI One of the key aspects of the Budget was the absence of changes to the income tax rates, bands or credits. However, there will be certain tax impacts on earned income. USC exemption raised The exemption threshold for liability to the USC has increased from €4,004 to €10,036 for 2012. No further changes …

Galway Simon Community Financial Planning Day 5th November 2011

Free Life cover for a year of €10,000.

the government incentive which you may have heard about it in the media, it basically involves a company taking on an unemployed person (for no pay) and giving them experience for a period of between 6-9 months

This is a link to a good website for commentary on the Irish economy with a  political /  banking and macroeconomic focus. www.irisheconomy.ie

Finance (No. 2) Bill 2011 – Pensions Levy  The Finance (No. 2) Bill 2011 introduces a levy on pension schemes and equates to an annual stamp duty of 0.6% on the market value of assets under management in pension schemes.  The levy will apply for a period of four years (2011 to 2014). The schemes …

In these difficult economic times managing cash flow is the No. 1 challenge for many businesses. The following are some cash flow tips which may be of benefit to your business.

A new company set up to take Irish money abroad! Declan Ganley and Constantin Gurdgiev set up new operation.  Link to story.

Overview of the Jobs Initiative The Minister for Finance, Michael Noonan, T.D announced the Government’s much awaited Jobs Initiative 2011 yesterday 10 May 2011.  In the Initiative he outlined a number of proposals aimed at incentivising entrepreneurship and job creation including specific measures for the tourism sector, labour activation initiatives on public capital projects on …

This is a link to the article by professor of economics at UCD, Morgan Kelly in the Irish Times on 7 May 2011. It discusses the role of Patrick Honohan, governor of the central bank and others in the bailout and why Ireland should walk away.