Buying a house: just because the minimum requirement is 70 per cent does not mean you must borrow only 70 per cent. Photograph: Paul Faith/PA Wire

Q&A: Dominic Coyle answers your personal finance questions

A Revenue spokeswoman said the delay was in advance of “a greater clampdown on offshore assets next year”. File photograph: iStock

People with offshore income and assets warned to settle outstanding liabilities

Minister for Finance Michael Noonan has moved to close off a loophole that allowed holders of certain pensions avoid tax. Photograph: Alan Betson

Holders could avail of tax relief but pay no tax on funds that were then passed on to next generation

 Minister for Finance Michael Noonan: Tax evaders have been given six months to get their affairs in order in relation to offshore assets under the Finance Bill. The measure is likely to lead to a cash windfall for the Revenue between now and the end of April next year. Photograph: Barbara Lindberg

Revenue in line for windfall as Finance Bill sets May 1st deadline for putting affairs in order

Even with a maximum rebate, a couple buying a €400,000 home will need to find €38,000 for their deposit. Photograph: Peter Byrne/PA Wire

Threshold for first-time-buyer scheme reduced to 70 per cent of property’s value

Where a generic medicine is a cheaper identical “copy” of a branded traditional small molecule drug, biosimilar are “me-too” versions of modern, large molecule complex biologic medicines

Drug manufacturers’ lobby group Ipha urges caution over study of competing treatments

There had been fears that close to 200 jobs at the EMC Cork plant could be at risk but staff say the number is now likely to be closer to a quarter of that figure.

Job losses expected to number about 50 as business is merged with Dell after takeover

Mel Gibson  on the set of his latest movie, The Professor and the Madman, which he is shooting in Dublin city and Ardmore with Sean Penn

Bray studios put on the market following three highly successful years financially

How much of a rebate you can claim in any one year will likely be set down in the Finance Bill

Precise detail of Help-to-Buy rebate scheme will not be clear until the Finance Bill is passed

Liberties Press faced bills of €267,802 over the 12 months to the end of July 2016. Photograph: iStockPhoto

It has made efforts to cut costs but has seen an increase in money debtors owes to it

The Joe Duffy group has 14 dealerships across the State representing 15 brands

Motor retailer says its financial performance was ‘extremely encouraging’

Jayne Brady, partner at Kernel with  Bob Pollard, chief executive of  Causeway Sensors, a spin-off company from Queen’s University Belfast  set up by   Pollard –  along with  Robert Bowman and John Nelson –  which has developed nano-sized sensing chips   used to detect early-stage cancer

Belfast-based Causeway Sensors makes nano-sized chips used to detect diseases

When can I have one? The help-to-buy rebate scheme applies to homes bought since July 19th, 2016, but Revenue will not start processing applications until January 1st, 2017. Photograph: Brian Lawless/PA Wire

Mortgage relief of up to €20,000 will be available to owner occupiers in new builds

“There is nothing to stop either or both parents gifting up to €3,000 to each child in any calendar year.” Photograph: Alan Betson/The Irish Times

Q&A: Dominic Coyle answers your personal finance questions

The Government has signalled that it intends to increase the threshold on the amount a child may inherit or receive as gifts over their lifetime from parents.

Affluent parents have used loosely worded law to tax-efficiently provide for children

A glitch in rules introduced in 2014 has put people whose income comes from “unearned” sources  at risk of losing access to the State pension. Photograph: Willie B Thomas

Leo Varadkar urged to seek amendment of ‘grossly unfair’ rules on ‘unearned’ income

Venn Life Sciences’ Labskin: Clinical trials group owns 70 per cent of Innovenn following the conversion of a £1.3 million loan into equity ahead of the sale

Clinical trials group selling technology development subsidiary to UK firm Integumen

Mortgage debt is, for most of us, the cheapest money we will ever borrow. Photograph: Rui Vieira/PA Wire

Q&A: Dominic Coyle

John McGrath: “In this business, proven technology stands for a lot. You don’t want to be on the bleeding edge.”

Irishman John McGrath is responsible for GSK’s global vaccine manufacturing

Venn Life Sciences has put its Innovenn division, which has been working on developing synthetic skin products for use in clinical trials, on the market

Investment in synthetic skin project that is being sold widens operating loss

Cúram centre in NUIG: Research approach is designed to facilitate a move from basic research to clinical application as efficiently and quickly as possible.  Photograph: Andrew Downes/xposure

Cúram facility in NUI Galway brings universities and industry together to fight disease

A recent Aviva study on pensions found that, on average, workers needed to put an additional €1,000 a month into their pension savings. Photograph: Getty Images

Report shows 80% happy to be automatically enrolled in a pension when taking up a job

If you have been banking with AIB since the Visa card episode, and have had a clean banking “record” over the past decade, then the issue is of slightly more concern. Photograph: Cyril Byrne

Q&A: Dominic Coyle answers your personal finance questions

Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor, Legacy Lifestyles chief executive David Edwards and Oneview Healthcare president  Mark McCloskey.

Half of the new staff to be based in Dublin

A married daughter-in-law is just as much a “stranger” under the gift tax code – formally the capital acquisitions tax – as a blood relative’s unmarried partner

Q&A: Dominic Coyle answers your financial queries

Tax returns: Revenue will not automatically assume that suspended shares have no value

Q&A: Dominic Coyle answers your financial queries

Fountain Healthcare Partners managing director Dr Manus Rogan with Inflazome chief executive Prof Matt Cooper, co-founder Prof Luke O’Neill and business development vice-president Dr Jeremy Skillington. Photograph: Nick Bradshaw

Inflazome has drug ready to enter human clinical trials

There is concern that the “dwelling-house exemption” is being abused by wealthy individuals to effectively buy plush homes for their children. Photograph: Cyril Byrne

The law has a ‘dwelling-house exemption’ that allows parents ‘gift’ a home to a child

Tall order: Aviva recommends putting €12,200 a year into your pension. Photograph: Ivan Bliznet/iStock

A new report is the latest to warn we’re not saving nearly enough for retirement

Only a fraction of the 40 per cent of smokers who try to quit each year succeed, says Liz Rockett of Kaiser Permanente Ventures, which is investing in Chrono Therapeutics’ stop smoking technology, along with Ireland’s Fountain Healthcare Partners.  Photograph: Bryan O’Brien

Chrono Therapeutics developing device to deliver nicotine through skin in timed doses

Galway med-tech start-up Vivasure Medical’s PerQseal technology allows surgeons to close large holes in major arteries after surgery without having to open patients up.

Start-up’s technology allows surgeons to finish heart surgery without leaving stitches

A study by insurer Aviva says, on average, Irish people need to increase the amount they save by more than €1,000 a month

Shortfall widens between savings and amount needed for 'adequate' retirement income

You can rebuild a credit rating in the same way as you can damage one – though your track record on repayments.

Q&A: Dominic Coyle answers your questions

Derek Young, founder and chief executive of i360 Medical: The company started life as the Centre for Innovation in Surgical Technology at the Royal College of Surgeons in Ireland in 2009. Photograph: Dara Mac Dónaill

Derek Young’s i360 is a one-stop shop for outsourced healthcare engineering R&D

Those born on or after January 1st, 1961  will not get the State pension until they are 68

Increasing retirement age attempts to address imbalance between workers and pensioners

Minister for Public Expenditure and Reform Paschal Donohoe noted changes to public service employment rules in 2013 mean recently recruited staff can avail of a maximum retirement age of 70. Photograph: Gareth Chaney Collins

Donohoe will call on private sector to allow employees participate in workforce longer

Those born on or after January 1st, 1961  will not get the State pension until they are 68

Those born before 1955 can retire at 66, others will have to wait until they are older

 Bruce Cozadd, chief executive of Jazz Pharmaceuticals, the speciality drug business that has just opened a new facility in Athlone. Photograph: Dara Mac Dónaill/The Irish Times

Speciality drug business blames recent acquisition and guidance from SEC

Mercer, which tracks the pension position of Ireland’s largest listed companies – members of the Iseq 20 – says the gap has widened dramatically this year. Photograph: Getty Images

Investments floundering due to volatile markets and ECB stimulus scheme

Bank of Ireland is looking into its history with tracker customers.

Documentation is crucial to any potential claim for compensation

Company targets expanded market share for fish oil drug that cuts risk of heart disease

 Bruce Cozadd, chief executive of Jazz Pharmaceuticals: ‘The remarkable pro-business environment in Ireland facilitates investments like this one.’ Photograph: Dara Mac Dónaill / The Irish Times

Nasdaq-listed specialty drug group expects to create 50 new jobs over three years

A reader says Permanent TSB told him he could open a sterling account only for deposits. Photograph: Alan Betson

Not all Irish banks are the same in relation to opening sterling accounts

Alcon Laboratories Ireland said the company’s 2015 performance was “strong” due to increased demand for its lenses. Photograph: Alastair Miller/Bloomberg

Project expenditure contributes to 4 per cent profit decline at Cork-based eye lens business

The most significant business during the first quarter of this year was the purchase of a 10 per cent stake in Ion Trading by Carlyle Partners for about €359 million.

Deals with aggregate value of €1.283 billion finalised in second quarter, says survey

Results filed with Companies House show Ardmore Studios had earnings of €1.35 million in 2015. Photograph: Alan Betson

Company reports year-end profit of €865,000 after strong demand for studio space

The headquarters of clinical trials group Icon at Leopardstown in Dublin.

Irish group boosts business after takeover of US rival ClinicalRM

The annual notional rent – minus the €3,000 small gift exemption that you are allowed give to your son or anyone else – will be treated as a gift under the capital acquisition tax/gift tax rules

Dominic Coyle answers your personal finance questions

Minister for Finance Michael Noonan: “For insured motorists, this will facilitate speedier payments and a simplification of the claims procedure.” Photograph: Julien Warnand/EPA

Insurance Ireland says plan to make insurers pay 35% of third-party motor claims is ‘flawed’

Minister for Health Simon Harris: “We had seen our drugs bill spiralling somewhat out of control.”  Photograph: Brenda Fitzsimons

Agreement should help bring prices down to European average, says Simon Harris

Minister for Health Simon Harris at the beginning of construction of the new children’s hospital at St James’s Hospital, Dublin. Photograph: Brenda Fitzsimons/The Irish Times

Minister for Health says he would rather clinicians made decisions not politicians

The introduction of annual pricing reviews – rather than the price being locked in at the start of a four-year deal –  after which prices can only fall, makes sense. File photograph: PA Wire

The Government can expect savings on healthcare and ‘Big Pharma’ now has clarity

Pfizer plans to build a five-storey biopharma manufacturing unit in two phases, adding more than 34,500sq m to its current footprint on what is already one of the largest biotechnology plants in the world. Photograph:   Andrew Kelly/Reuters

US pharma giant expects to invest up to €400 million in west Dublin biopharma plant

  Telecom Éireann share   price allocation: Most of the donations to Sharegift were made by investors who lost money in the long run over the 1999 flotation and found themselves holding Vodafone shares. Photograph: Eric Luke

Small scale Telecom Éireann investors donate through Sharegift system

An Ebola burial site in  Sierra Leone. Concern Worldwide  and the International Federation of the Red Cross took over the safe burial of victims in a way which allowed family members to be present. They had previously been barred amid fears of contagion.  Photograph: Concern Worldwide

Emergency response appeals in South Sudan, Sierra Leone, Liberia and Nepal saw spending jump 29% to new high

The HEA has written to Minister for Health Simon Harris expressing its concern over what it calls the “biosimilar blocker”. Photograph: Dave Meehan

Providers of branded patent drugs and generics face off over provison in draft agreement on drug prices

 Minister for Health Simon Harris:  in the letter sent to him the Healthcare Enterprise Alliance says the pricing agreement includes “artificial pricing thresholds”. Photograph: Dave Meehan

Generics lobby warns Government new deal with Big Pharma will stifle competition

The Grange Castle plant produces some of Pfizer’s biggest drugs, including the arthritis blockbuster Enbrel and the vaccine Prevenar,  used in children to prevent pneumococcal infections. Photograph: Dara Mac Dónaill

Several hundred jobs likely to be created at former Wyeth facility in west Dublin

The average Irish shareholder had about 675 shares in Standard Life following its flotation and the subsequent issue of loyalty shares.

Thousands of Irish people entitled to windfall could lose out for good

Innocoll expects to raise about $40 million in the flotation. Photograph: Alan Betson

Firm developing products to treat postoperative pain and diabetic foot infections

Mainstay Medical chief executive Peter Crosby said the fundraising would allow the business to progress its plans to commercialise the business in Europe and the United States “and help improve the lives of millions of people who suffer from chronic low back pain”. (Photograph: Nick Bradshaw)

Irish company has won European approval of neurostimulator to treat chronic lower back pain and targeting US market

Dublin: while the corporation tax rate was just one of a number of factors, the current low rate was seen as critical for Ireland, says an ESRI study. Photograph: iStock

Changes hit Ireland harder than its European partners when securing US investment

Amryt is now focused on clinical trials on a potential therapy for a rare skin disorder called epidermolysis bullosa

Orphan drug development business was subject to reverse takeover by oil and gas group Fastnet

Vodafone has 334,342 shareholders in Ireland holding fewer that 1,000 each - compared to just 66,500 in the UK. Of the Irish shareholders 103,300 hold fewer than 50 shares.

Shares were trading in London on Friday at just over €2.96

While banks are scrupulous in letting you know that the rate on your loan has gone down (or up),  I cannot recall ever getting a letter saying you can get an even lower rate by switching to another, newer, product in the bank’s portfolio.

Plus: Can I still sell Verizon shares at special low cost?

Dr Alan Barrett: he dismissed as myths the view that health issues limit the capacity of older people to work and that older workers are less productive

Call for Government to start planning for rising numbers of older people who will be entitled to State pension

Company reports maiden Ebitda profit before exceptionals on strong sales and Kinesis acquisition

Covenants are written legal agreements made between two people and formally witnessed by a third and the person paying the funds is entitled to relief on the money at the  difference between the standard rate and their higher rate

Using the written legal agreements can also offer some tax benefits

Chief executive John Lechleiter: “We cannot afford another 10-year drought. We have survived one; we probably would not survive the next one.”

John Lechleiter has guided company through patent expiries and rejuvenated its pipeline

In most cases, not nearly enough money is being set aside for retirement

If your father’s income bottoms out, he will qualify for the State pension

Vodafone special offer: Just three weeks remain before the May 24th deadline. Photograph: Justin Tallis/AFP/Getty Images

Proposal would enable more than 330,00 Irish investors to cash out at little or no cost

Intel confirmed Ireland would be impacted by the company cuts and that employees would be notified “within 72 hours of May 4th” in relation to job losses.  Photograph: Reuters

Intel cutting 12,000 jobs globally as it struggles with falling demand for PCs

Chief executive of Alkermes Richard Pops in their Dublin offices: the firm’s  net loss  jumped to $77.4 million from $30.7 million. Photograph: Aidan Crawley

Biopharma company reports sales of $156 million, down from $161 million in 2015

The equity you have in the property certainly counts towards fulfilling your 20 per cent deposit requirement under the new central bank rules. Photograph: Kate Geraghty

You need to be very clear about where you both stand on this plan

The underlying rule for an Irish tax resident is that you are liable here for any capital gain accruing on a property sale, whether that property is in Ireland or abroad. Photograph:  Yui Mok/PA Wire

Q&A: Dominic Coyle answers your personal finance questions

Ian Read, Pfizer chief executive, said the Treasury move was accompanied by ‘much unfortunate rhetoric’

Ian Read says rules to stop inversions will create ‘permanent advantage’ for rivals

Ian Read, chairman and chief executive officer of Pfizer, and Brent Saunders, president and chief executive officer of Allergan. This week’s announcement was seen as being directed particularly at the Pfizer-Allergan deal. Photograph: Michael Nagle/Bloomberg

Except for the firms involved, few in the US or Ireland benefit from inversion deals

Consumers face another increase in premiums for home and motor insurance after a European Court of Justice ruling.

EU court judgment means insurers face higher costs

Revenue operates in a pragmatic way: there is little point investing tens of thousands of taxpayer euro in an investigation that would yield just a fraction of that amount

There are really two questions here. How far can Revenue go back? And how far do they generally go back?

Regeneron’s Jeff Landry: “The Dublin base gives the company insight into the European marketplace.” Photograph:  Conor McCabe Photography

Biopharma hopes new drug will provide a breakthrough for skin condition

Following the recent Verizon offer to sell old Eircom shares, Vodafone has opened its own “low-cost” dealing window. Photograph: Justin Tallis/AFP/Getty Images

You need to ask why you would further concentrate your investment in telecoms

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