The rewritten section 86 importantly returns to dwelling house relief being permitted only in cases of inheritance

Q&A: Dominic Coyle answers your personal finance questions

Up to 50 workers recruited for Pfizer’s Ringaskiddy plant in Cork since 2014 have found themselves impacted by the ongoing dispute over pension entitlements. Photograph: Don Emmert/AFP/Getty Images

Staff at Ringaskiddy in dispute over pensions for new employees

In New York on Wednesday, Donald Trump told his first press conference as US president-elect: “We’ve got to get our drug industry back.” Photograph: Don Emmert/AFP/Getty Images

President-elect targets pharma and medtech sectors

Pfizer said the cost of funding non-contributory defined-benefit pension schemes in Ireland had risen by more than 1,000 per cent since 2009. Photograph: Dan Kitwood/PA Wire

Workers in Cork plants object to closure of non-contributory defined-benefit plans

US president-elect Donald Trump held his first news conference since his election on Wednesday.  Photograph: Don Emmert/AFP/Getty Images

President-elect says he will bring drug industry back to US and tackle high drug prices

 “The abuse of this scheme has been a concern of Revenue for years,” said TD Joan Collins. Photograph: Cyril Byrne

Perceived abuse of dwelling-house exemption to avoid paying tax has led to reform

Genomics Medicine Ireland will work with Abbvie to examine potential genetic triggers for a series of major chronic diseases in the areas of cancer, neurosciences and immunology. Photograph: Conor McCabe/GMI

Genomics Medicine Ireland is joining with Abbvie to develop drugs to fight cancer

Assuming the Fyffes takeover is approved, the payout to shareholders will be €2.25 per share.

Q&A: I bought Fyffes shares at IR£1.70 in 2000. What is my capital gains tax situation?

Consistent returns over the long term are most important to pension investors. Photograph: iStock

Average return of 5.8% despite Brexit shock and poor start to the year

NeRRe Therapeutics targets common conditions where there is currently unmet medical need using a pathway called neurokinin receptors. Photograph: Getty Images/iStockphoto

Investment by Fountain Healthcare Partners to also target treatment for chronic coughing

The purchase scheme offers first-time buyers the chance to get up to €20,000 to put against their deposit on a new home. Photograph: Rui Vieira/PA Wire

Numbers of first-time buyers signing up for home incentive set to rise in coming days

The scheme is available only to owner-occupiers, not to the investment or buy-to-let market, and applicants will need to live in the property for five years

Revenue scheme to help first-time buyers starts in 2017

Taoiseach Enda Kenny and Bruce Cozadd, chairman and chief executive of Jazz Pharmaceuticals. Photograph: Shane O’Neill/Fennells

Drug firm with Athlone manufacturing plant seen as second fastest-growing US share

Nationwide UK got confused over the status of Irish customers at its Nationwide UK (Ireland) operation

Q&A: Dominic Coyle answers your questions

Bausch & Lomb

Ballot on 9.5% three-year deal wins 80% support from workers at contact lens plant

You do not have to file a capital gains tax return if the gain  is under the exemption limit.

Q&A: Dominic Coyle answers your personal finance questions

Bausch + Lomb: A  dispute between management and Siptu workers had become increasingly intransigent, but a deal was hammered out  on Wednesday.

Siptu and management hammer out 9.5% pay rise as industrial action loomed

Nishi Ward, founder of Waste Systems (second left), Allen Martin, senior executive, Kernel Capital, William McCulla, Invest NI corporate finance director, and   Andy Palmer,  customer service manager, Bank of Ireland UK

Waste Systems has international market for equipment that segregates recyclables

Oneview Healthcare chief executive James Fitter and founder Mark McCloskey. The Dublin company is installing its software at St Louis Children’s Hospital in St Louis, Missouri. Photograph: Peter Moloney

Contract could see Irish medtech’s product rolled out across 15 hospitals in the midwest

Bausch & Lomb: workers at the Waterford plant took a 7 per cent  cut and 200 job reductions to ensure the survival of the plant. Photograph:   Mary Browne

Trade union and contact lens group to focus on talks aiming to resolve pay dispute

Once you have owned property anywhere, you are no longer classified as a first-time buyer for the purposes of the Irish Revenue. Photograph: Rui Vieira/PA Wire

Q&A: Irish national now back home wants to avail of first-time buyers’ initiative

“In effect, you are being penalised for your good track record. If you were currently renting and planning to buy, clearly the current rent would no longer be a cost to you and would be factored in.”

Q&A: Mortgage lenders leave customer in dark on whether savings on outgoings are factored in

Activity in the construction sector is expected to grow by 9 per cent annually between now and 2020. File photograph: Karim Jaafar/AFP/Getty Images

Irish companies are targeting skilled workers abroad to fill 112,000 vacancies

Management at the Bausch + Lomb contact lens and eyecare group plant has said it will implement measures that will involve job losses if agreement on pay and conditions is not reached by the end of next week

Company counters Siptu plan for work stoppages and overtime ban with warning that jobs will be cuts

U2 singer Bono with Nuritas founder and chief scientific officer Dr Nora Khaldi, The Edge and Nuritas chief executive Emmet Browne. Photograph: Kieran Harnett

U2 members put cash into product geared to tackle Type 2 diabetes

Allied Irish Banks: “A whole generation of Irish investors were consistently urged to invest in ‘blue-chip’ companies such as the leading banks”, including AIB. Photograph: Eric Luke

Q&A: Dominic Coyle answers your personal finance questions

Pfizer had expected cholesterol drug bococizumab to deliver sales of almost $1 billion a year. Photograph: Dan Kitwood/PA Wire

Project promising 1,250 construction roles pulled after failure of key cholesterol drug

Visitors  at the 186th RHA annual exhibition, includes painting, sculpture, photography, print, drawing and architectural models. Photograph: Cyril Byrne

Sales down 23% on 2015, but record attendence figures suggests revival of interest in art

Tysabri, the multiple sclerosis drug developed by Elan, may be sold again as Perrigo examines options.

CEO John Hendrickson says drug faces increased competition and potential for wider use has failed to materialise

Buying a house: the rules of the Help-toBuy scheme keep changing as the proposal works its way through the Oireachtas to become law. Photograph: Dominic Lipinski/PA Wire

I’m getting a loan of 72% of the house price. Do I qualify for a grant under the scheme?

Taking on the role of landlord when renting out your apartment can be a 24/7 responsibility and  does not suit everyone. Photograph: Brenda Fitzsimons / THE IRISH TIMES

People invariably underestimate the costs involved in maintaining a rental property

Pensioners protest outside Government Buildings last year. By 2055,  just two people are estimated will be working for every person in retirement, compared to about five today. Photograph: Dara Mac Dónaill/The Irish Times

Report urges introduction of mandatory savings to reduce pressure on State pension

Caroline Spillane, director general of Engineers Ireland

Survey of members of Engineers Ireland working in Ireland or Britain reveals that 40 per cent have had commercial deals deferred o(...)

Revenue will not be handling any applications for rebates under the first-time buyer help-to-buy scheme until January 1st. Photograph: Joe St Leger

Rules for first-time buyer rebate differ depending on a range of circumstances

 Industry sources say the State  lost between €4 million and €5 million by the delay in reducing the price of Pfizer’s  blockbuster arthritis drug  Enbrel. Photograph: Paul Faith/AFP/Getty Images

Even with 30% cut in Pfizer’s blockbuster Enbrel, Biogen’s Benepali delivers extra savings for health budget

Nuritas chief executive Emmet Browne said diabetes prevention was the first important area of focus for the company, though it expects to target other conditions in future

Company founded by Trinity mathematician secures €3m from EU to fund trials in Ireland

Dublin TDs and property interests are to the fore of lobbying for amendments to the Finance Bill in relation to the help-to-buy scheme, citing unfair advantage for rural dwellers.

Intensive lobbying is taking place in relation to possible amendment to Finance Bill

Pfizer’s  Enbrel lost patent protection in Europe earlier this year. Biogen introduced Benepali into the Irish market in September

Price drop is first under pricing deal signed by Government and Irish Pharmaceutical Healthcare Association

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

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