The burden of filling the exchequer’s coffers falls on those on middle and higher incomes. Photograph: iStock

Budget promises unlikely to lighten load on ‘squeezed middle’ in any significant way

What will Minister for Finance Paschal Donohoe  do for middle income earners? Figures show that any reduction in the tax burden will cost - and may only offer limited relief.

Irish Tax Institute figures show €1,000 increase in 20% band would see the average earner save less than €200 a year

Taoiseach Leo Varadkar says middle income earners need a tax cut; but in a comparison of tax revenues Neri found that on a per person basis, combined taxes and social contributions in Ireland are significantly lower than in comparator high-income EU countries.

Case for cutting taxes ‘extremely weak’ given need for housing and infrastructure, economic institute says

“What’s actually happened is that people have had to stay out of the home ownership market due to difficulties in getting a mortgage, meaning pressure on the rental market has intensified.” File photograph: Getty Images

Central Bank chief Philip Lane says cash buyers limit ability to control house prices

An analysis by Savills shows house prices may return to peak April 2007 prices in Dublin by February 2020.

Price rises outside Dublin to lag capital by a year, new study by Savills predicts

Irish Life Health says it will be the first health insurer to cover all Affidea Express Care diagnostic centres and offer reduced rate for consultations, at €100, a 33 per cent discount on the standard consultation fee.

Affidea readies two new express care clinics with more to follow

Despite the dearth of supply in new homes, the pipeline of new apartments  appears sluggish at best, according to new planning permission figures.

Planning permission for apartments up just 2.7 per cent year on year in second quarter

Dalata will now own and operate 257 bedrooms in the 352-room Clarion Liffey Valley hotel in Dublin.

Irish hotel group takes another step towards full ownership of Dublin hotel

The Sporting Emporium, Dermot Desmond’s Dublin-based casino, is still in the red, largely due to start-up costs incurred some 12 years ago.

Latest figures for The Sporting Emporium show accumulated losses of €3.5m

About one in 10 family homeowners are behind with repayments on their mortgage, new figures from the Central Bank show,with financing on almost one in five investment properties in arrears.

Central Bank figures also show that almost one in five buy-to-let mortgages are still in arrears

Lidl’s new pop-up on Grafton Street.

German discount grocer brings new meaning to ‘fast fashion’ with pop-up store to showcase Heidi Klum fashion range

With some older people no longer eligible for a full medical card, the number of GP visit cards, which are automatically granted to the over-70s, has  soared since their introduction in 2005, with 480,787 citizens now holding one

Free GP, lower tax rates, cheaper childcare, free school bus- medical cards bring more benefits than you might expect

 Chief executive of Providence Tony O’Reilly: he   said the results were “disappointing”. Photograph: Brenda Fitzsimons

Irish oil and gas explorer currently plugging and abandoning the well prospect

 Grand Canal Dock in Dublin. The city was also chosen, alongside Shanghai, Singapore and Frankfurt, as one of the 15 centres “likely to become more significant”. Photograph: Eric Luke

Irish capital up three spots to 30, but still behind Luxembourg and Frankfurt

The broad message of the data is that Irish consumers remain positive. Photograph: Dominic Lipinski/PA

Back-to-school costs and scepticism about economic recovery dampen spending

Dennis Francis: said the company was “pleased” with the results of the S-375s well. Photograph: Cyril Byrne

Test confirms that Sibkrayevskoye is a large oil field

Starbucks on Dawson Street in Dublin. File photograph: Alan Betson/The Irish Times

With 73 outlets in Ireland, the chain has been rebuked for opening shops without planning

“We have to be wary of having Brexit-eyed glasses on and viewing everything through that lens.” Photograph: François Lenoir/Photograph

Independent body urges Government there is only room for ‘moderate’ tax cuts in budget

State pension likely to rise, tax on savings set to fall and landlords likely to get some relief

The latest figures show the Government collected just under €30.5 billion in taxes for the period, which was €209 million less than it expected at the start of the year.  File photograph: Getty Images

Latest numbers show Government’s tax take still trails projection by €209m

British research body also suggests entrepreneurial CGT relief should be scrapped

Could the Government look to reinstate the rent relief scheme, which once offered tax credit of as much as €1,600 to tenants?

In 2010 a couple could claim relief of €1,600 – today it’s €160. Should the scheme be revamped?

The deal will give the Irish drinks manufacturer ‘significant economic’ benefits in the UK market. Photograph: Bryan O’Brien

Group owns and operates 845 pubs, mainly in England and Wales

Artist’s impression of 1 Windmill Lane, where Core Media and Informatica are set to become tenants.

Hibernia Reit to let 24,000 sq ft at new development for €1.4 million a year

Homeoptions co-founders and directors Philip Farrell and Ben Hoey at the launch of their “rent now, buy later” service. Photograph: Peter Houlihan

Homeoptions’ offers rent-to-mortgage scheme – with a little help from relatives

Back in April, Dun Laoghaire- Rathdown Council refused permission for Ires Reit’s proposed plans to build 467 apartments at Rockbrook, to the fund’s “serious disappointment”.

Property investment company is ready to build 467 apartments on Sandyford site

Latest figures from Kantar Worldpanel show that Aldi has a 11.4 per cent market share in the Republic. Photograph: Alan Betson

German retailer says terms will apply to about 100 suppliers from September 11th

Using up-to-date valuations is “important in sustaining public support for the property tax”, a think tank has said. Photograph: Bryan O’Brien

Freezing current valuations could prompt constitutional challenge, Public Policy says

 Aidan Brogan, chief executive of Datalex, said that the first half of 2017 was another period of strong performance and investment for the travel software firm. Photograph: Cyril Byrne

Irish firm reports 24% revenue increase as it eyes 20% full-year earnings growth

The  VHI Swiftcare centre at Dundum, Dublin. The VHI has decided to restrict use of its  clinics to its own members

The number of private A&Es has been growing in recent times

Introduced in last October’s Budget, the Affordable Childcare Scheme is a new national scheme of financial support for parents towards the cost of their childcare - but it’s not yet as comprehensive as had been first envisaged.

Parents of under-threes to get €20 a week with payment set to start on Friday but estimated 9,000 parents will be left without sta(...)

The IE Domain Registry has commenced a public consultation on its policy requiring  applicants for a website domain to prove they have a valid claim to the name.

Applicants will still need to prove connection to Ireland to get a .ie address

Alan Walsh, One51’s group chief executive, said that the first half of the year saw “very strong results” on the back of the IPL business in both the US and Canadian markets, while UK earnings were in line with expectations, despite being adversely affected by the fall in the value of sterling. Photograph: Cyril Byrne

Performance of Irish plastics group in first half of year ‘encouraging’

Incoming chief executive Kevin Toland: Aryzta   seen its share price fall by as much as 30 per cent this year.

Former DAA chief executive will look to turn around troubled Swiss-Irish baked goods maker

 The gig economy: a Deliveroo worker. Photograph: Nick Ansell/PA Wire

Research shows number of ‘nonemployed’ needs to fall before wage pressures may increase

Irish taxpayers are entitled to claim back tax on a host of items including health expenses, tuition fees, flat-rate expenses, rent relief and nursing home fees, as well as in cases where they may have overpaid tax.

Tax refund data shows that men get 10% more back than women with the over-65s entitled to the biggest taxback cheque

Michael Cawley: he is currently senior independent non-executive director of Hostelworld. Photograph: Dara Mac Dónaill

Former Ryanair executive Michael Cawley set to be chairman of online booking platform

Soyuz, based in Moscow, produces corrugated packaging for a range of sectors and has approximately 300 employees.

Packaging giant has acquired the Russian corrugated packaging company Soyuz

Michael Carvill, managing director of Kenmare Resources, said the mining group looks forward to building on its achievements. Photograph: David Sleator

Mining group reports jump in revenues on back of increased prices and sales volumes

The rent-a-room scheme is one of the few ways of earning income without paying tax

The scheme allows people to earn up to €14,000 without paying any tax from renting out a room in their property

More people are doing it but Revenue figures suggest average earnings have fallen

More than a quarter of Irish parents are saving for their children’s education. Photograph: Alan Betson / The Irish Times

Many families unprepared for cost of third-level education, Aviva research finds

Rents have increased by almost 12% year-on-year to June, according to a new survey. Photograph: Bryan O’Brien/The Irish Times

New report says average national rent has increased by almost 12% this year

A  Dalata  agm. Davy Stockbrokers has  given the Dublin-listed company an “outperform” rating.  Photograph: Dave Meehan

Broker sees big potential in UK market for Dublin-listed hotel group

As property prices have not risen at the same rate across the country, it means that some homeowners may be burdened with a far greater rise in the tax than others. Photograph: iStock

As a new valuation date looms, property prices are on the rise

Hazelbrook Square in Clonskeagh, south Dublin, where three-bed properties start at €540,000. The properties have jumped in value by about 13 per cent since the scheme was first launched in May 2016.

Average price paid for a dwelling increases to €258,544, and to €401,890 in Dublin

Facebook chief executive Mark Zuckerberg took two months’ paternity leave when his daughter Max was born, but many Irish fathers aren’t so lucky, despite the introduction of a new regime. Photograph: Mark Zuckerberg via AP

Majority who became fathers over past year have not taken paid two-week leave

Brexit poses “significant risks to exporting sectors, hitting regional economies and employment hardest”, Ibec has warned. Photograph: Justin Tallis/AFP/Getty Images

Brexit impact remains a risk, employers’ group warns

Successive budgets since 2009 have put the emphasis for funding the recovery on income tax payers. Photograph: Alan Betson

Report shows how Government is funding the recovery by increasing tax burden on middle income earners

Irish banks are applying harsher cuts to deposit rates than those across the euro zone. Photograph: Getty Images/iStockphoto

If you’re less than enthused by earning just €65 a year on a deposit of €15,000, what are your options?

We’re spending more and this is paving the way for a return to peak economic levels Goodbody Stockbrokers said. Photograph: Tim Boyle/Getty Images

Return to full employment by end of next year as job creation is growing at the fastest pace since 1999

Cheers: last month, Britvic said Irish revenues rose 10.6 per cent in the third quarter of 2017, as the group reported a 6.5 per cent rise in revenues to £384.6 million. Photograph: Andrew Milligan/PA Wire

Manufacturer of Miwadi and Ballygowan sees pre-tax profits fall by 27% to €1.8m

AA membership in Ireland grew by 6.4 per cent to 136,500 in 2016. Photograph: Dara Mac Dónaill

Insurer and breakdown assist provider reports 10 per cent growth in revenue in 2016

In Dublin a couple who are first-time buyers were spending 27.4%  of their after-tax income servicing their mortgage in May: Photograph: Getty Images

Property affordability ratios now at a nine-year high

The Revenue this week set out various options that Minister for Finance Paschal Donohoe might pursue in his first budget on October 10th. Photograph: Brenda Fitzsimons

Also in the news were diesel cars, Seán Dunne, Irish banks and artists’ tax relief

An apartment at The Maple development in Sandyford, south Dublin.

Ires Reit is expected to finalise lettings on The Maple this month, where rents for two-beds appear to have softened

Kennedy Wilson Europe’s two-year refurbishment of Stillorgan Shopping Centre, Co Dublin, continues with construction of the new Tesco extension expected to be completed by the end of the year.

UK-listed property group with €1bn invested in Ireland says property outlook is positive

Retired Irish rugby player   Paul O’Connell. While his book “The Battle”, written with  Alan English  may have grossed more than €1m in sales, many artists will make a minimal return for their efforts. Photograph: Stu Forster/Getty Images

Tax relief earned from artists’ exemption scheme shot up by 86% in 2015, figures show

Net premiums for RSA’s Irish division rose by 1 per cent to £152 million in the six months to June 30th. Photograph: Simon Dawson/Bloomberg

Insurer targets full-year profitability in Ireland but says market remains challenging

First-time buyers continue to drive the market, accounting for 50 per cent of the market by volume.

Gap between approvals and drawdowns underlines scarcity of supply

Senior officials have raised the prospect of abolishing relief on family homes from capital gains tax when they are sold. Photograph: iStock

Move is among tax reform options put forward by Department of Finance group

Landlords argue that despite the high rents, the level of taxes and other charges levied on landlords can make the activity unviable. Photograph: Bryan O’Brien

Rents may never have been higher but landlords are hoping for some help

What is new Minister for Finance Pascal Donohoe dreaming up for October 10th?(Photograph: Cyril Byrne / THE IRISH TIMES)

Tax Strategy Group suggests abolishing CGT relief on sale of home while cost may preclude cut in exit tax on investments

Manufacturing activity in Ireland improved in July, despite a fall in the headline PMI figure indicating that the rate of expansion has moderated.

Growth driven by new orders but report shows rate of expansion has moderated

The 50-20-30 plan is the inspiration of US senator and Harvard bankruptcy expert Elizabeth Warren who, with her daughter, came up with the plan to help people manage their money

This plan is about allocating a specific percentage of money towards specific tasks

Local authorities across Ireland have discretion to vary property tax by the order of plus or minus 15 per cent. (Photograph: Bryan O’Brien / THE IRISH TIMES)

Council is canvassing opinion on whether or not it should cut property tax for 2018 thus saving homeowners about €100

Rugby star Paul O’ Connell, pictured last year winning the Bord Gáis Energy Sports Book of the Year for The Battle. Photograph: Patrick Bolger

Broadcaster and rugby star are among the 250 people approved for the Artists’ Exemption scheme so far this year

Aileen Power, in St Stephen’s Green, Dublin. Power says her joining a pension at age 23 was “pure luck”. Photograph: Dara Mac Donaill

The State wants you to work beyond 65, but even if you want to, will anyone employ you?

For many, “the idea that the economy is running too hot seems entirely alien”. Photograph: iStock

The financial outlook for many is dominated by stagnating wages, high personal debt and persistent negative equity

Someone 10 years into a 30-year €300,000 mortgage would save €108 a month by changing from a mortgage with a 3.8 per cent interest rate  to one charging 3.1 per cent. Photograph: Getty

Need an extra €100 a month? You could take advantage of loan-to-value shifts

To PCP or not to PCP: You need to ask yourself some hard questions, or you could find yourself in a tricky situation three years down the road. Photograph: Barry Batchelor/PA Wire

If a personal contract plan goes awry you could end up owing more than the car is worth

All the incentives to buy a property are typically directed at a younger generation

Those born between 1965-1984 were hit by negative equity, austerity

AIB headquarters in Ballsbridge, Dublin. Photograph: Bryan O’Brien

Cantor Fitzgerald places €5.05 12-month price target on bank’s shares

Forest Avenue on Sussex Terrace in Dublin: three-course lunch for €32. Photograph: Cyril Byrne

Fine dining at home and abroad that will not break the bank

Those aged 18-34 are  more upbeat than their older counterparts, according to the survey. Photograph: Istock

New survey finds that a third of people aged 35-54 are struggling financially

Claudia Marshall will be responsible for growing the Ikea brand in Ireland.

Claudia Marshall will oversee furniture giant’s stores in Ballymun and Carrickmines

Figures from REA agents show that the average three-bed semi-detached in Dublin city now costs € 414,500, a rise of € 10,000 (2.6%) over the last three months and an increase of 14.1 per cent over the past year.

Agents in Tallaght, Clonskeagh and Dun Laoghaire say three-bed semi-detached houses are selling within weeks

Starling’s current account can be opened in minutes and has “zero” monthly account fees.

UK start-up Starling Bank founded by Anne Boden gets approval to trade in Ireland

Francesca McDonagh’s appointment as group chief executive of Bank of Ireland, while not quite levelling the playing field, will go at least some of the way towards addressing the imbalance. Indeed Ms McDonagh has previously hit out at the lack of women in top jobs in the fi nancial services world, telling a UK newspaper in 2016 that it can be “quite isolating” to be the only woman in the room.

Irish based companies may be better than international peers when it comes to diversity- women lead just 5.8% of S&P 500 companies(...)

TOP 1000 companies reported gross sales of a staggering € 489bn in their most recent financial years – far in excess of the income Ireland as a country is generating.

Stellar growth rates and outsize profits characterise the top performers in this year’s Top 1000 survey, which also details the fa(...)

Medtech company Medtronic topped table with profits of €4.1bn

‘Irish Times’ annual survey reveals that these elite companies generate profits of €34bn

 “It’s not about the money. It’s about being in business and having your own business, having an opportunity to create a business and to change the way things are. It’s an addiction in one sense, or attraction, and it’s what gets you up in the morning,” says  Colm Lyon. (Photograph: Brendan Lyon/ImageBureau)

Top1000: They successfully sold their business but it hasn’t stopped these three serial entrepreneurs from starting another

Graeme Buchanan, managing director of Stobart Air,  with Warwick Brady, deputy chief executive. The airline is to operate a new route on the Flybe brand from Dublin to London Southend. Photograph: Maxwells Dublin

Fares will start at €29.99 one way; route is part Stobart Air’s three-year growth strategy

Ormonde Mining  chairman Mike Donoghue. The mineral resource company’s revenue rose by 90 per cent to €1 million in the year to December 31st, 2016. Photograph: David Sleator

Irish resource company’s Spanish tungsten project progressing ‘at full speed’

An oil-drilling block managed by Tullow Oil at Lokichar basin in Kenya. Photograph: Tony Karumba/AFP/Getty Images

Chief financial officer replaced on full-time basis by Les Wood

Like everything from rents, to property prices to the availability of tenants, yields, too, can differ right across the country. So, based on current rental yields, which are the best places to invest around the country – and the worst?  File photograph: iStockPhoto

Ranelagh - it’s the most expensive place to buy a house in Ireland, but it’s also the worst for investment yields. So where is the(...)

Construction workers lay bricks on the Cairn Homes  Marianella residential construction site in Dublin. Speculation is mounting that the new Housing Minister is set to scrap the Help to Buy scheme, which offers an incentive to help first time buyers get on the property ladder. (Photograph: Chris Ratcliffe/Bloomberg)

Market commentators warn that scrapping scheme won’t stall property price growth

“Where do we live if we go home? We fall into the rental trap, which is very hard to get out of”

Buying a property in Ireland from abroad can be complex and costly. Here’s how to get a mortgage

The Central Bank is struggling to attract enough external applicants to fill up to 200 roles. Photograph: Alan Betson / The Irish Times

Regulator had signalled intention to staff up to deal with Brexit but can’t fill 200 roles

In recent weeks Ulster Bank, KBC Bank and Permanent TSB have all adjusted their pricing as activity in the housing market increases

Bank cuts rates to as low as 3% as competition in mortgage market heats up

Revolut  has already signed up  30,000 Irish consumers with its app-based mobile banking account

App-based current account promises cheaper transaction costs from €28 a month

More than 1,100 first-time buyers bought last year and successfully applied for the scheme retrospectively; however of these claims, about 241, or 13 per cent, are still “pending”. (Photograph: Brian Lawless/PA Wire)

It’s an urban phenomenon; it’s pushed up house prices; it takes some time for a claim to be paid out - here’s what we’ve learned s(...)

Thanks to the common market and the free trade area, when we purchase books on or jeans from the only additional costs we face are those related to getting the goods delivered. Photograph: Getty Images

Fans of and should watch out - thanks to duties and VAT, prices will rocket once UK becomes a ‘third country(...)

Mr Noonan acknowledged that there was pressure on the Government to provide finance for infrastructure spending but said there should be no reason to raid the rainy day fund, which was announced in last year’s budget and is due to be established in 2019.

Northern Trust to create 400 new jobs at Limerick base over next five years

Bank of Ireland says it will invest €10m  in its branch network this year. Photograph: Getty Images

Customers will have to rely on self-service machines for cash transactions

With revenues of £382.8 million (€434m)in 2016, Pinsent Masons is one of the 100 largest firms in the world by turnover, employing nearly 3,000 people worldwide including over 1,500 lawyers. The law firm also has an office in Belfast, following its merger in 2012 with local law firm McGrigors, and the move will bring the number of Pinsent Masons lawyers across the island of Ireland to 12 partners and over fifty lawyers.

Pinsent Masons pinches lawyers from Matheson, Walkers and Byrne Wallace

According to the report, half of EU states, including Ireland, have pension gaps of 30 per cent or more. Photograph: iStockphoto

Irish women are retiring on incomes 30 per cent lower than men, says Mercer report

Revenue is looking to shift users on to its myAccount platform, which can be accessed on all mobile devices.

PAYE Anytime service will no longer be available as Revenue launches new website

Tom Walsh: Airbnb probably led to a “tapering-off in the growth rate, but it didn’t cause a contraction in the business”

Irish aparthotel group to focus on Dublin, the UK and Germany for growth

Figures for the first quarter of the year show the fastest rise in house prices since 2007. File photograph: Frank Miller

Forget the conjecture and take a look at the data - it suggests that while there might be some areas of concern, rising prices do (...)

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