PTSB broke out the numbers on its portfolio of non-performing loans, Project Glas, as it battles efforts to block their sale. Photograph: Alan Betson

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

There are good reasons for having a will: most importantly, they provide legal clarity over precisely what a person wants to do with their possessions after the die

Q&A: An only child wonders if a will is necessary if she is to inherit her parents’ estate

ReActiv8 is designed to treat chronic low back pain

Company says five centres in Germany and Ireland have implanted patients with ReActiv8

The food sector and wages for unskilled workers are particularly vulnerable under Brexit, warns a new report

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

MSD’s site at Drynam Road Swords where it has just announced plans for a new biologics manufacturing plant. Photograph: Brenda Fitzsimons

Biotech unit to manufacture blockbuster cancer drug Keytruda will be based on site of old women’s healthcare products business

“The tracker mortgage crisis has been one of a litany of shameful behaviours by Irish lenders that spend millions on marketing budgets telling us how much they care for us as customers.” Photograph: Matt Kavanagh

Q&A: EBS terms and conditions critical for mortgage given for affordable housing

Photograph: Getty

Q&A: Doing the sums on new State pension rules

Minister for  Social Protection Regina Doherty has promised that no one would be left worse off under the new pension arrangements. Photograph: Gareth Chaney Collins

Q&A: I believe I should get an Irish contributory pension of €233.60 a week

Pensions reform: Regina Doherty announced the changes last month. Photograph: Gareth Chaney/Collins

Credit for years as home carer available only alongside 520 full PRSI payments

The Syndesi Therapeutics drug is directly targeting dementia, the core symptom of Alzheimer’s disease. Photograph:  John Stillwell/PA

Fountain Healthcare participates in €17m funding round for Syndesi Therapeutics

Minister for  Social Protection Regina Doherty: new pension rules will benefit women who gave up work to care for their children. Photograph: Gareth Chaney Collins

Q&A: Failure to pay 2012 imposed minimum of 520 stamps locks her out of pension fix

Eir has pulled the plug on its bid for the National Broadband Plan, throwing the whole project into doubt.

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

Mercer says that to encourage greater savings, pensions need to be made more personal and accessible and to make greater use of digital tools. Photograph: Getty Images

Only one in five Irish people are confident they can fund retirement to last up to 20 years

Dr Hubert Lim, who has joined Neuromod as chief scientific officer, is a researcher at the cutting edge of auditory neuroscience, neuromodulation and neuroplasticity.

Irish medtech start-up seeking to commercialise non-invasive device for condition

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

Minister for Employment Affairs & Social Protection Regina Doherty, centre, with Helen McDonald, principal, and Jim Duggan, assistant secretary of the department, in Government Buildings. Photograph: Gareth Chaney/Collins

Changes announced by Regina Doherty will impact those eligible for pension since late 2012

Minister for  Social Protection Regina Doherty: new system comes into place on March 30th.  Photograph: Gareth Chaney Collins

Among the changes are a Total Contributions Approach, and Homecaring Credits

Cate Blanchett, goodwill ambassador, United Nations high commissioner for refugees, and Nicholas D. Kristof, columnist at New York Times, speak during the World Economic Forum (WEF) annual meeting in Davos, Switzerland. Photograph: Denis Balibouse / REUTERS

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

Each parent can give up to €3,000 to a person in a given tax year. That means your two parents can legitimately gift you up to €6,000 between them with no tax liability, either for you or your parents. Photograph: Getty Images

Q&A: I received money from my parents under the small gift exemption and want to put it towards a deposit. Is it necessary for the(...)

Up to 4,000 homes are waiting for approval under the Government’s new fast-track planning channel for large residential projects. Photograph: Alan Betson

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

 A woman picks up a basket at the Aldi store. Aldi is accusing rivals Tesco and SuperValu of working deliberately to obstruct its expansion using planning objections. Photograph: Darren Staples/Reuters

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

Rent-a-room relief applies only to people who are letting out a room in their main, or only, family home. Photograph: Nick Bradshaw

Q&A: Dominic Coyle answers your personal finance questions

Volkswagen remained Irish car buyers favourite marque and diesel their fuel option of choice in 2017even with lower sales and despite the fallout of Dieselgate. Photograph:  Alexander Hassenstein / Getty Images

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

There is a double taxation agreement between the United States and Ireland that specifically covers the issue of inheritance tax.  Photograph: Eric Luke

Q&A: Dominic Coyle

 Ryanair faces disruption today on a number of flights out of Germany due to a four-hour stoppage by local pilots. Closer to home, it is nursing its bruises after losing a high profile defamation case.  Paul Faith /AFP/Getty Images

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

All change once again at Eir –- for the seventh time in less than two decades – as flamboyant French entrepreneur Xavier Niel is on the verge of taking a two-thirds stake in the business.

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

Q&A: My ex-partner is thinking of moving back to Ireland and wants to buy a house. He asked me: ‘what’s the story?’

The first whiskey to be produced in Connacht in over 100 years is coming of age this week at Drumshanbo’s Shed Distillery in Leitrim.

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

Ryanair’s concession of  union recognition  – albeit with conditions – will likely see pilot strike threat withdrawn and showcases the  airline’s ability to act decisively in the face of fast-changing events. Photograph:  Niall Carson/PA Wire

Concession to ‘save’ Christmas showcases ability of airline to adjust to fast-changing market realities

It’s not getting any easier for Ryanair on the industrial relations front as German pilots last night warned that they could strike at any time

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

The complication in cross-border inheritances between Ireland and the UK are the differing rules on how tax is applied. Photograph: iStock

Q&A: Dominic Coyle

Mainstay Medical’s  ReActiv8 device for the treatment of chronic low back pain

Firm aims to bring its new therapy for chronic lower back pain to key US market

The study of 26 companies with defined-benefit pension schemes said their combined deficit had jumped from €2.6 billion in 2015 to €3.6 billion at the end of last year.

Diageo, CIÉ and Bank of Ireland have worst deficits in cash terms, study finds

The Irish Times is acquiring Landmark Media. which includes Irish Examiner, Waterford News & Star, Western People and Kildare Nationalist. Photograph: Dara Mac Dónaill

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

Irish restaurant food supplies business bought by Centra and SuperValu owner Musgrave

Poland will line up against Ireland and Apple in the appeal over whether the US tech giant owes €13 billion in back taxes. Photograph: Jaap Arriens/NurPhoto

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

By taking the property now as a gift, you are leaving yourself open to tax that you would avoid perfectly legally if you and your mum waited for your to receive the property by way of inheritance.

Dominic Coyle: Short-term solution could lead to a longer-term tax bill

Oxfam campaigners outside the Department of Finance earlier in 2017 to call on the Government to implement transparency where large companies make profit and pay tax. Photograph: Cyril Byrne

Debt and Development Coalition says State imposes tax losses on developing nations

Oxfam campaigners pictured outside the Department of Finance earlier this year, where they called on the Government to implement real transparency around where large companies make profit and pay tax.  Photograph: Cyril Byrne

Charity says corporate tax revenue losses are running at about $100 billion a year globally

Oxfam has published report ‘Blacklist or Whitewash’

'Blacklist or Whitewash' report comes ahead of Ecofin publication of tax haven blacklist

Taoiseach Leo Varadkar,American Chamber of Commerce Ireland president James O’Connor and Bryan Bourke, managing partner of William Fry giving former Irish ambassador to the United States Anne Anderson a standing ovation as she received a lifetime achievement award at the chamber’s Thanksgiving lunch at the Clayton Hotel, Burlington Road, Dublin. Photograph: Julien Behal

Taoiseach tells Thanksgiving gathering that corporation tax rate will not change, takes issue with US rumblings over trade deficit(...)

Apple is expected to move within weeks to deposit up to €14 billion in contested back taxes in an escrow account, the Taoiseach Leo Varadkar told the Dái. Photograph: Elijah Nouvelage/Reuters

Business Today: The best news, analysis and comment from ‘The Irish Times’ business desk

Minister for Health Simon Harris: “I want all of our citizens to have access to the newest, most innovative medicines that are out there . . . But not at any cost.” Photograph: Cyril Byrne

Simon Harris tells pharma firms they must reassess price models and profit expectations

Minister for Finance Paschal Donohoe says the Government will examine a tax loophole called the “Single Malt” which companies are now turning too after other structures were shut down in recent years. Photograph: Alan Betson / The Irish Times

Business Today: The best news, analysis and comment from ‘The Irish Times’ business desk

Multinationals have found a way of replacing the ‘Double Irish’ tax avoidance structure with a neat new arrangement called ‘Single Malt’.

Single Malt directs profits to countries with which Ireland has a double taxation agreement but that do not have any corporation t(...)

Sorley McCaughey, head of policy and advocacy at Christian Aid: Government must revisit the issue of the Irish tax system’s impact on developing economies

Christian Aid says impact of Irish tax laws on economies in developing world is significant

Class actions may not be legal in Ireland but that’s the approach favoured by Revenue

Business Today: The best news, analysis and comment from ‘The Irish Times’ business desk

US President Donald Trump speaks while holding up “Simple, Fair, ‘Postcard’ Tax Filing” cards as US house speaker Paul Ryan, a Republican from Wisconsin (left) and Representative Kevin Brady, a Republican from Texas and chairman of the house ways and means committee, react during a meeting in the Cabinet Room of the White House in Washington. Photograph: Olivier Douliery / Bloomberg

Tax expert says measures would hurt foreign multinationals with US affiliates and US companies that used ‘inversion’ deals to move(...)

Glanbia said it remains on target to deliver 7 per cent to 10 per cent earnings per share growth this year, excluding the impact of currency movements, as acquisitions drove growth in its key global performance nutrition (GPN) unit, which makes and sells protein shakes and bars.

Business Today: The best news, analysis and comment from ‘The Irish Times’ business desk

Dirt tax is  levied at 39 per cent – down from 41 per cent last year – and it doesn’t matter how low the level of savings are or the amount of interest that has been paid. Illustration: Getty

Q&A: Dominic Coyle answers your personal finance questions

AIB has been reviewing records under Central Bank supervision since the end of 2015. Photograph: Cyril Byrne

Bank admits error that led to repossession nearly three years ago in tracker mortgage review

A queue for unemployment benefit outside a social welfare office in Dublin. Photograph: Frank Miller

Q&A: Dominic Coyle answers your personal finance questions

AIB was issuing more than 30,000 mortgages a year in the three years up to 2008. According to the bank’s figures, between 10 and 14 per cent of its customers were on fixed rates. Photograph: Bryan O’Brien

Those on fixed-rate mortgages in late 2008 should have been able to transfer to tracker

Is this why there is a crisis? Developers say it’s now more expensive to build apartments than it is three-bed semi-detached houses.

Business Today: The best news, analysis and comment from ‘The Irish Times’ business desk

The Government intends to introduce a universal savings scheme to increase pension coverage among private sector workers.  Photograph: Alan Betson

State ranks 12th of 30 countries in Melbourne Mercer Global Pensions Index

Reader’s question: I have a joint account with my wife and approached AIB to query if funds might be held for legal process in the event in one of our deaths?

Q&A: Dominic Coyle answers your personal finance questions

The Government has promised reform of the State pension system from 2020 but only for people who start work from that date. Photograph: Getty Images

FF can’t be trusted, says Doherty, as it ‘took credit for everything else in the Budget’

Brexiteers are outraged after the OECD’s annual report on the UK forecast dire tidings for that economy if a disorderly Brexit becomes reality and suggested a U-turn on the issue could deliver an economic bounce.

Business Today: The best news, analysis and comment from ‘The Irish Times’ business desk

The issue of women’s pensions arose when Minister for Finance Paschal Donohoe took questions on a radio programme the morning after the budget. Photograph: Colin Keegan/Collins

Q&A: Grievance relates to ‘bonkers law’ that forced women out of jobs decades ago

Commercial stamp duty: the decision to triple it left readers scratching their heads. Photograph: iStock/Getty

Electric vehicles, welfare rates and personal tax changes also feature

An increase in excise duty on diesel was just one of several measures that had been widely expected to feature in Budget 2018 but which ultimately  got no mention. Photograph: Dan Kitwood/Getty Images

Minister silent on list of measures that Government and Department of Finance had flagged ahead of the budget

Minister for Finance Paschal Donohoe announced no change in the Help to Buy incentive for first-time buyers after a report by consultants Indecon found that abolishing the scheme now would create uncertainty and damage confidence in the housing market. Photograph: Alan Betson

Indecon found no evidence of increase either in prices or supply in first eight months of three-year programme

Profits are up at the Bord Gais Energy Theatre - good news for owners Crownway Entertainment and its shareholders, John and Bernadette Gallagher.

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

Austrian Lawyer, Max Schrems, (right)  speaks to the media on leaving the Four Courts in Dublin on Tuesday.

Business today: the best news, analysis and comment from ‘The Irish Times’ business desk

Once you reach 80 per cent of the threshold, you need to notify Revenue even though no tax is due until you exceed the threshold. Photograph: iStock

The threshold depends on the relationship between benefactor and beneficiary

Paying CAT on US inheritance. (AP Photo/Charles Krupa)

Q&A: Dominic Coyle answers your personal finance questions

The European Medicines Agency, responsible for monitoring the safety of medical treatments, must relocate from London after Brexit. Photograph: Win McNamee/Getty Images

Report finds post-Brexit relocation carries ‘very real risks to public health’

A man works on CSeries aircraft wing in the Bombardier factory in Belfast. Photograph: Clodagh Kilcoyne/Reuters

Business Today: the best news, analysis and comment from The Irish Times business desk

Strictly speaking, the Revenue view is that either (a) no interest was charged and the interest is therefore a gift to you, or (b) the interest that should have been charged was taxable income for them.

Q&A: Dominic Coyle answers your personal finance queries

The 2017 Royal Hibernian Academy exhibition. Photograph: Aidan Oliver

This year’s RHA exhibition had sales of nearly €500,000, highest since before the crash

Minister for Finance  Paschal Donohoe: scheme would allow SMEs to compete with larger companies for employees. Photo: Gareth Chaney Collins

Accountants’ body urges Minister of Finance to address issue of share-based pay in budget

The IPHA said it supports competitive pricing in “post-patent markets” to allow the health service to invest in new medicines. Photographer: Daniel Acker/Bloomberg

Current rules allow adequate market access for biosimilar drugs, industry body argues

Mark Kennedy, managing partner at mazars, who is calling for more investment in the regions and less focus on debt repayment.

Mark Kennedy says EU could grant Ireland some wriggle room on debt repayment

Q&A: Should I keep putting the child benefit in An Post Childcare Plus account?

Home purchase is one of the biggest investments in our lives. Photograph: Getty

Q&A: Dominic Coyle answers your personal finance queries

Amryt Pharma has reported a sharp rise in sales for the six months to the end of June as the company became a commercial pharmaceutical business. Photograph: Getty

Company starts phase III trial for ‘butterfly skin’ disease

Photograph: PA wire.

Q&A: Dominic Coyle answers your personal finance queries

Deal has delivered second windfall for Irish businessman John Stapleton

Pharmaceuticals: Brexit could create “significant problems” as drug companies are forced to comply with two separate regulatory regimes. Photograph: Akos Stiller/Bloomberg

Pharmaceutical companies also warn of higher costs for HSE

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