Dividend income, under Irish tax law, is simply another form of income

How are dividends from stocks taxed?

Mainstay Medical chief executive  Peter Crosby estimates that there is a potential market for its device of more than two million people in the US and Europe. Photograph: Nick Bradshaw

A trial of 47 patients showed after three months, 63 per cent reported clinically important improvement in back pain

If the gift is in straight cash, you run the risk of losing your welfare entitlement

Dominic Coyle answers your personal finance questions

Without FDA approval, no drug or medical device can access what is by some distance the world’s largest market for pharma and medtech. Photograph: Roel Smart/Getty Images/iStockphoto

Irish pharma firm wins major victory over FDA on off-label promotion of its drug Vascepa

Under the terms of the Countrywide Refurbishment Scheme, the property had to be available for rent for a minimum period of 10 years following the refurbishment in order to qualify for full relief

No new investment after July 2008 qualifies for relief under Countrywide Refurbishment Scheme

Amarin chief executive and president  John Thero. Photograph: Cyril Byrne / THE IRISH TIMES

US court rules regulator cannot bar company promoting off label use for drug

The boardgame Monopoly being manufactured at the Hasbro Ireland plant, at Waterford. Photograph: Eric Luke

Sales last year slid 15 per cent to €16.74m from €19.7m in 2013

 Bruce Cozadd, CEO of Jazz Pharmaceuticals. Photograph: Dara Mac Dónaill

Jazz by name and jazzy by metaphor, the Irish firm is now a muscular player in the pharmaceutical world. ‘We specialise in devasta(...)

Alkermes president Shane Cooke. Photograph: Kate Geraghty/ The Irish Times

Company gears up for new schizophrenia drug Aristada as opioid/alcohol therapy Vivitrol beats expectations

Technically, there is nothing to stop you pledging some of your Aer Lingus shares in support of the IAG offer

Tricker issue is amount of control you will have over managing balance of your holding

Two-thirds of mature private pension scheme members either don’t know how much they will receive in retirement income or how it will be paid

Study says half of 50-somethings don’t know how much they will receive in retirement

How do we deal with joint account assets not mentioned in our mother’s will?

Irish people investing in other countries often lose up to a fifth of dividends

Aer Lingus sale: are shareholders facing  a capital gains liability? Photograph: Aidan Crawley/Bloomberg

Is it unfair that Aer Lingus capital gain is locked in?

Nexvet CEO Mark Heffernan with Clover

R&D deal with Japanese animal health group Zenoaq will focus on cancer and inflammatory conditions in dogs and cats

Revenue is confident  it has reasonable insight into the numbers that should be applying for the threshold. Photograph: Joe St Leger

Deadline to apply for personal fund threshold extended to end of July

Annuities are in a prolonged period of very poor return. Photograph: iStockPhoto

Annuities are tied into bond yields and these are bumping along at historic lows

In January 2014, the threshold fell from €2.3 million to €2 million. Photograph: Joe St Leger

People in excess of current limits on pension savings have until July 31st to notify Revenue

Fianna Fáil spokesman on finance Michael McGrath on the plinth at Leinster House. Photograph: Alan Betson/ The Irish Times

FF finance spokesman refers figures to IBRC commission inquiry

Dublin-based taxpayers paid €168.3 million out of a total of €327.95 million in inheritance tax nationally.

MEP says those living in Dublin paying an unfair proportion of the national total

 Justin Lynch, partner, Fountain Healthcare Partners, Eamon Brady, CEO, Neuravi and John O’Shaughnessy, chairman, Neuravi

Galway firm secures first Irish investment from Life Science Partners alongside Fountain Healthcare, Delta Partners and the Wester(...)

Michael Noonan: said there would be “fiscal space” for tax reductions and public service investment of between €1.2 and €1.5 billion

Cutting top rates of tax and USC would mainly benefit top earners, study says

Photograph: Alan Betson

Survey designed to guide corporations in pay and perks for expat staff shows Dublin is only euro zone city to become more expensiv(...)

 Money Village chief executive Eugene McDarby. Photograph: Alan Betson / The Irish Times

Appeals Commissioner rules Revenue wrong to levy tax on already indebted consumers

 Entrance hall of Russborough House. The foundation reports that it made just €187,678 on admissions to the house and maze last year

Charity previously relied on grant support from Fáilte Ireland and Wicklow council

The Galantas gold mine in Omagh, Co Tyrone. The company said the planning consent would permit the expansion of its gold mining operations on the site and is expected to create hundreds of jobs locally

Canadian group plans to develop underground mine once finance is available

 The National Treasury Management Agency (NTMA) raised €750 million in a bond auction today.

Euro zone yields fall after successful auctions and Bank of Ireland also raises €750m

PTSB shares:  trading on a lesser market on the Irish Stock Exchange. Photograph: Alan Betson / The Irish Times

What’s the position of PTSB shareholders now that company has refloated?

 Minister for Finance Michael Noonan: as An Post is a commercial semi-state business, Mr Noonan might yet have difficulty explaining to Standard Life shareholders why he will not act to mitigate inadvertent personal losses that may well be attributable to problems with a public service. Photograph: Nick Bradshaw

Standard Life is saying it can do no more and that it is up to the Irish shareholders to press their case with Revenue

The indirect Brainstem Activity Monitor developed by Prof John Sheridan and Dr James Ryle, makes no direct contact with the eye, is portable and can deliver a fast, reliable result.

Device detects brainstem activity by measuring involuntary eye movement

In a letter to almost 5,300 shareholders, the listed group says it is now effectively up to them to do battle with the Irish Revenue. Photograph: Standard Life/PA

Postal blunder resulted in insurer’s Irish shareholders owing tax on £1.75bn payout

Perrigo chief executive and chairman Joe Papa.  Photograph: Brenda Fitzsimons / The Irish Times

Bolt-on acqusition strengthens position in Europe amid three-way takeover battle

The bottom line, for you, is that gifting your son the €1,000 should not impact his eligibility for Jobseeker’s allowance. As it is below the €3,000 annual small gift threshold, it will also have no impact on his ability to inherit from you down the line without paying tax

Will a €1,000 gift affect my son’s social welfare?

Tom Geraghty, Mercer Ireland chief executive: “If you look at one of the frustrations I have had since coming into the CEO position, it is that we are still known as a pensions firm.” Photograph: Nick Bradshaw

Parent company Marsh & McLennan plans to create 100 jobs in new unit

Tom Geraghty, Mercer’s country head, said the group was ‘not necessarily stuck at 100 new jobs’ Photograph: Nick Bradshaw / The Irish Times

Project will bring together firm’s data and analytics operations across business units

Equity release and lifetime loans were all the rage during the Celtic Tiger years as lenders sought more ways to persuade people to take on debt. Photograph: Yui Mok/PA Wire

Hardly any bank is now offering this popular Tiger-era debt increaser

Quite like the Standard Life situation, those shareholders who received their money from Equitable Life as a lump sum will have it treated as capital and, following the Revenue’s determination, free from tax

Ultimately, the 6,500 former Irish customers are still well out of pocket

Julie O’Neill at the site in College Park, Blanchardstown. When it is completed, Alexion will have invested €508 million in the State. Photograph: Dara Mac Dónaill/The Irish Times

Interview: Julie O’Neill, executive vice-president, global operations, Alexion

Julie O’Neill of Alexion Pharmaceuticals: “I don’t think we are at a stage in the economic recovery where businesses in any sense can afford to give those level of pay cuts [back].” Photograph: The Irish Times

‘Clamour for reversal of cuts is opportunistic and not well thought through,’ says Julie O'Neill

Minister for Finance Michael Noonan: He held out some hope that he might revisit the Standard Life shareholder issue.

Noonan says his decision in a similar case regarding Vodafone shares not a precedent

Alexion, which makes Soliris, one of the world’s most expensive drugs, is to invest a further € 450 million to extend its Dublin facility over the next four years.

Biopharma group will invest €450m to expand its facility in Blanchardstown, west Dublin

Standard Life sought answers from the postal service after 4,000 letters from Irish shareholders arrived, largely in one batch, weeks after the deadline.

Irish shareholders left with tax bills

‘It is clear that low interest rates mean that most financial advisers feel that the only prudent course of action is to invest in the riskier – but potentially more lucrative – areas of property and equities,’ the Quilter Cheviot 100 Sentiment Survey  states. Photograph: Peter Byrne/PA Wire

Over half of 100 advisers surveyed choose property as preferred investment

Two large batches of mail from Irish shareholders have now been found rather than a steady stream of delayed letters. That points either to a problem with misdirection within the postal system or a failure somewhere along the line to process the letters in the manner expected.

An Post and Royal Mail yet to explain how routine postal exercise went so wrong

Richard Pops, chief executive  of Alkermes at their Dublin offices. Photograph: Aidan Crawley

Heavy investment in R&D and set-up costs for new therapies push biopharma group to $30.6m loss

Michael Carvill , managing director of Kenmare Resources, which reported a loss of €90.7 million for 2014 yesterday. Photograph: Bryan O’Brien

Offer for Irish titanium miner is less than half the value of approach from same group last year

Dublin-based company paid $56.1 m tax on $3.4bn of profits last year - an effective rate of 1.65%

Standard Life makes the point that Irish taxpayers who fall within the standard rate of income tax and whose payment will exceed the annual capital gains tax allowance would be better advised to select the default income option in this case.    Photograph: Simon Dawson/Bloomberg via Getty Images

Q&A: Dominic Coyle answers your questions

Joe Papa CEO and president of Perrigo, which has rejected a $29 billion bid from rival Mylan. Photograph: Brenda Fitzsimons / THE IRISH TIMES

Irish company says unsolicited bid undervalues company and does not reflect growth potential

Standard Life  has undertaken  to write to all of the 4,000 or so shareholders involved and to contact the Revenue Commissioners to explain the background to the confusion

Q&A: Dominic Coyle answers your questions

When a large number of Vodafone shareholders similarly failed to have their preference to receive a windfall payment as capital last year, Minister for Finance Michael Noonan made a special provision in his 2015 budget to ensure they would not face a tax bill. Photograph: Dara Mac Dónaill

Investors’ request to receive share of £1.75bn payout as capital got lost in post

Standard Life has about 60,000 shareholders in Ireland, with the average Irish holding being 675 shares. Photograph: Marc O’Sullivan

Company admits Irish investors face bill of up to €1.3m after letters went missing

Standard Life: For Vodafone and Computershare, we now read Standard Life and Capita.   Photograph: Simon Dawson/Bloomberg via Getty Images

Q&A: Dominic Coyle answers your personal finance questions

The Takeda Pharmaceutical  logo at  the head office in Tokyo. The company has been in Ireland since 1997 and currently employs 366 people at its two manufacturing plants here.   Photographer: Kiyoshi Ota/Bloomberg

Revenues down a third, and results come despite €26m boost in foreign exchange

Are the self-employed entitled to unemployment benefit or the State pension?

Will my son lose out by becoming self-employed?

 Mairéad McGuinness MEP, who led the campaign for Irish customers of Equitable Life to be included in the UK government compensation scheme.  Photograph: Alan Betson / THE IRISH TIMES

Revenue rules that lump sum payments from UK government fund will be free of tax but annual payments and those to DC schemes will (...)

 Pictured (l-r) at the “When Women Thrive, Businesses Thrive” event organised by Mercer are; Martine Ferland, retirement leader for EuroPac at Mercer; Bríd Horan, of the 30% Club; and Mairéad O’Mahony, defined contribution leader at Mercer, Ireland. Photograph:  Conor McCabe Photography.

Call for new approach as research shows decades of efforts to achieve diversity has failed

Richard Pops, chief executive  of Alkermes in their Dublin offices. Photograph: Aidan Crawley

Company drops development of new pain therapy after missing targets in Phase 1 trial

“Whoever pays the cost of nursing home fees is entitled to claim tax relief, whether it is on their own account or for someone else.”

Q&A: Dominic Coyle

Opsona Therapeutics, a biopharma company spun out of Trinity College (above), is developing drugs designed to block a protein  in the body that works to reject foreign organisms. Photograph: Dara Mac Donaill

Dublin biopharma company embarks on series of cancer drug therapy trials

Shire acting chief financial officer Jeff Poulton said the company had obtained advice that the break fee should not be taxable in Ireland. Photograph: The Irish Times

Multinational may owe funds based on €1.44bn ‘break fee’ after failed takeover

Money earned from letting rooms in private homes on Airbnb and similar sites will be treated as trading income

Amendments to rent-a room relief clarify that short-term lets do not fall within the terms of the relief

Tánaiste Joan Burton announcing the composition of the new Pensions Council at Government Buildings. Photograph: Cyril Byrne

Just 50 per cent of workers currently have pension coverage other than the State pension

As long as the intention is that the loan is repaid as you outline, it will not, in itself, be deemed a gift

Lending son money to buy his home

Medtroni’s Omar Ishrak: Ireland will inevitably be a higher-profile part of the group by virtue of its domicile in the country. Photograph: Brendan McDermid/Reuters

Medical devices group is looking to Ireland for growth, says chief executive Omar Ishrak

Omar Ishrak, chief executive officer of Medtronic. Photographer: Chris Ratcliffe/Bloomberg

Medical device giant starts trading in New York after corporate inversion deal with Irish-based Covidien

Indian business leaders are the most confident, with 62 per cent expecting their companies to grow this year. Photograph: Reuters/Carlos Barria

Number of chief executives expecting decline in growth has more than doubled to 17%

Fountain Healthcare founders (from left) Dr Ena Prosser, Justin Lynch, Dr Manus Rogan and Aidan King. Photograph: Nick Bradshaw

Group targeting European investments in specialty pharma, biotech, medical devices and diagnostics

Deal awaits High Court sanction before completion to create global powerhouse in medical devices

Small Firms Association director Patricia Callan says “small firms have now moved from survival mode, to focusing on how they can grow their market share”.  Photograph: Dara Mac Dónaill

More than 70 per cent anticipate strong investment in their business

Profector’s patent-protected electrospraying and electrospinning technology is aimed at research scientists in academic institutions, life sciences companies and government agencies

Profector Life Sciences has scientific instruments business selling devices that allow researchers to deliver molecules to culture(...)

Venn Life Sciences said billings in November had hit a record high of more than €900,000.

Clinical research group has won contracts worth more than €8m since May

It is understood that the double deduction was linked to the department’s practice of making a double payment of welfare to recipients in the week beginning December 15th and no payment in the current week. Photograph: Bryan O’Brien

About 26,000 people affected by processing error at Department of Social Protection

The Dublin company has just completed the deployment of its technology across 850 devices at 289 beds across three new University of California medical centre units

Money raised will drive expansion of Dublin hospital tech company in the key north American market

Former Waterford Crystal workers and their representatives are due great credit for their persistence in the face of the indifference of successive governments to their plight. Photograph: Eric Luke

Analysis: persistence secured €178m package despite years of official indifference

Each parent can give their child €3,000 free of gift tax each year

Q&A: Gifts to under-sevens; the pension levy decrease; public service pension reduction (PSPR)

The Irish Times said it had decided to wind down and close the existing defined benefit scheme and replace it with a defined contribution model.

Company to meet gap in funding under proposal that will see staff move to defined contribution model

David McCann of Fyffes: calculating your capital gain when the shares you hold relate to a different corporate structure to the one in which you investedis not straightforward. Photographer: Dara Mac Dónaill/The Irish Times

Q&A: Dominic Coyle answers your questions

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