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The Minister for Finance Paschal Donohoe presented his third Budget on Tuesday against the backdrop of continuing improved economic performance. Budget 2019 sees the distribution of the benefits of the improving economic conditions, mostly in the form of increased Government spending. Some of the key expenditure areas highlighted by the Minister included social and affordable housing, health and childcare, education, Brexit and climate change. On the tax front, there was a mixture of tax increases and modest tax reductions.
A city centre property with full planning permission for redevelopment to a ground floor retail unit and overhead apartment is being offered to the market by way of public auction on October 4 at 3pm in The Galmont Hotel, Galway.
Any attempts by the government to raise the VAT rate on the hotel sector will cost numerous jobs in rural Ireland warns Fianna Fáil TD for Roscommon/Galway Eugene Murphy.
A recent report published by the Restaurant Association of Ireland (RAI) has revealed that 1,441 new jobs in the accommodation and food services sector have been created in county Westmeath since the introduction of the reduced VAT rate of nine percent in July 2011.
Retail Excellence, the largest retail organisation in Ireland, is today calling for targeted solutions for retailers in Budget 2019. In an increasingly boundary-less retail environment the representative body are seeking additional online supports and tax fairness measures to protect retailers from the onslaught of cheap, non-European imports.
Taxation, unnecessary regulations, rent control and complexity of legislation are the real reasons for the current decline in the supply of rental accommodation, according to Stephen Faughnan of the Irish Property Owners Association (IPOA).
The Hearth Project in Mayo — which brings art into the homes of older people who are isolated geographically or restricted for other reasons — has received funding from Healthy Ireland for 2018. Each participant is visited by a skilled artist who is experienced in working with older people. The artist travels to the home of the older person weekly and facilitates a one to one workshop there.
Local Independent councillor, Michael O’Brien, has welcomed the increase in the standard income tax band from €33,800 to €34,550, announced this week by the Minister for Finance, Paschal Donohue, as part of Budget 2018.
Local Independent councillor, Michael O’Brien, has called on the Minister for Finance, Paschal Donohue, to increase the standard rate tax band to €40,000 ahead of the 2018 budget, rather than reducing the higher rate of tax.
As employers issue P60 certificates to their employees during the next few weeks, Revenue is encouraging taxpayers to use online PAYE Services in ‘myAccount’ - the quick, easy, and convenient way to check all your tax details.