Search Results for 'Tax reform'

By Frances Toner

According to a report published by the Restaurant Association of Ireland, 605 new jobs in the food, tourism, and hospitality sectors have been created in Mayo since the reduced VAT rate of nine per cent was introduced in July 2011. To highlight the scale of job creation, the report compares the number of direct new jobs to a major local employer, revealing that the 605 extra jobs created in Mayo is more than four times the number of people also employed in Mayo at Knock International Airport.

Payroll is a vital function in every company, yet the vast majority of payroll personnel have no formal payroll qualifications.

Fine Gael MEP for Mayo Jim Higgins has pledged his support for the introduction of a VAT exemption on mountain rescue equipment, which would significantly reduce the costs of mountain rescue teams in Mayo, as well as all over Europe.

Gardaí have warned of a new scam, of which they’ve seen multiple cases since October last year, involving used cars being sold privately on popular websites.

Gardaí are warning of a new scam, of which they have seen multiple cases since October last year, involving used cars being sold privately on popular websites.

At the moment for most people buying a new property or trading up is not an option. However given the added benefit of the Home Renovation Incentive Scheme coupled with a home improvement loan from Castlebar Credit Union your dream home could now be the one you are already in.

In recent times many businesses are relying on debt and credit control to maintain cash flow in their businesses. A working knowledge of a computerised accounts system such as Sage will prove beneficial in achieving this task and will also transfer as an employable skill.

From 1 January 2014, businesses which have not paid for supplies (either in full or in part) within a six month period will be required to repay to Revenue the VAT previously reclaimed on these supplies. This is mainly an anti-fraud measure, however it is hoped that it will encourage prompt payments, thus increasing cash flow for suppliers, as we all know that cash is king!! Where the supplier is subsequently paid, the amount of deductible VAT can be reclaimed by the customer again. This is measured on a pro rata basis.

Mayo Fine Gael TD Deputy Michelle Mulherin has said that Budget 2014 will protect middle and lower income families and hailed the announcement in this week’s Budget that free GP care will be provided to all children aged five and under.