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Knowledge Development Box – to encourage more innovation

Since Minister Noonan announced in October 2014 that Ireland would introduce a “best-in-class” Knowledge Development Box (“KDB”), there has been a lot of speculation about ‘how low would he go’.  Budget 2016 announced that the rate of tax which will apply for income qualifying under the new KDB will be 6.25%. The relief is available to companies for accounting periods beginning on or after 1 January 2016.

Naughten warns parents to check for toxic chemicals in face paints

Local TD Denis Naughten has urged parents to check for toxic ingredients in face paints before using them on children this Halloween.

Budget 2016 and the welcome focus on farming and agri-business

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In his budget day speech, Minister Michael Noonan recognised the significant role played by the farming and agri-food sector in Ireland’s economic recovery. This important sector employs approximately 169,000 people across the country and its produce is one of Ireland’s top 10 exported commodities.   

AIB hosts economic briefing in Galway

Allied Irish Banks, p.l.c.  is holding a series of nationwide briefings on the Irish and global economy in the coming weeks, the bank has announced. The briefings are provided free to companies who register in advance.The fifth in the series takes place on November 3rd in the Clayton Hotel, Ballybrit, Galway. 

AIB hosts economic briefing in Galway

Allied Irish Banks, p.l.c.  is holding a series of nationwide briefings on the Irish and global economy in the coming weeks, the bank has announced. The briefings are provided free to companies who register in advance.The fifth in the series takes place on November 3rd in the Clayton Hotel, Ballybrit, Galway. 

How Budget 2016 will affect the election in Galway and the State

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If there was one thing Insider, and everyone else inside the political bubble, was agreed on, it was that the Government would fight tooth and nail to ensure nothing overshadowed the Budget that was to form the cornerstone of its re-election bid.

Funding of €7m allocated to Westmeath community groups and childcare providers in 2014

A total of 49 community organisations and childcare providers across Westmeath shared in €6.9 million in grants administered by Pobal on behalf of Government, the EU and other bodies in 2014, according to a new report.

Peugeot 208 wins real-world 2015 MPG marathon

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Peugeot took overall victory in the UK’s 2015 MPG Marathon event when a new 208 diesel five-door hatchback, driven in real-world driving conditions over 385 miles (619.5km), achieved an average fuel economy of 104.5mpg (2.7 litres/100km).

Fine print reveals the flaws in Government messages

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Before the 'Send' icon was clicked, someone should have asked Labour Galway West TD Derek Nolan if he wanted one final look over his press release welcoming Budget 2016, because concluding this happy statement, entitled Family-Friendly Budget Ensures Right People Benefit From Recovery, is one hell of a howler.

Entrepreneurs – Time for a vote of confidence

arguably that prior Budgets have focused on tax measures to attract Foreign Direct Investment and that supportive tax measures for small businesses and entrepreneurs have received less attention. With the advent of improved technology, the option for Irish entrepreneurs to move their base outside of our shores is now a live one as many of them can easily conduct their business across borders. Therefore the need to encourage new entrepreneurs and support existing entrepreneurs is vital in ensuring the medium to long term health of the Irish economy.

 

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