News

Revenue collects extra €213m in tax crackdown

More than 1,300 disclosures made of assets held in the UK. The Revenue Commissioners took a €213m tax haul last year as a result of a crackdown on defaulters that was backed by the recruitment of extra staff. And €87.6m of the tax was paid by people on assets held across the world, including the […]

Revenue collects extra €213m in tax crackdown

More than 1,300 disclosures made of assets held in the UK. The Revenue Commissioners took a €213m tax haul last year as a result of a crackdown on defaulters that was backed by the recruitment of extra staff. And €87.6m of the tax was paid by people on assets held across the world, including the […]

State loses €4bn as Brexit chaos batters bank shares

A plunge in shares has wiped €4bn off the value of the State’s stake in bailed-out banks this year. The massive drop in value raises a serious question mark over the Government’s policy of holding on to the bank stakes for so long. Shares in AIB, Bank of Ireland and Permanent TSB have been battered, […]

Robots will take half of jobs unless we act

Irish workers face an almost 50pc chance their job will be automated in little more than a decade. The stark warning that robots and other forms of automation may replace some workers came as the Government announced projects which will share €75m in funding as part of a bid to secure future jobs. Business Minister […]

‘Paltry fine at odds with costs borne by ordinary citizens’

The paltry fine of €23,000 slapped on Irish Nationwide Building Society’s one-time head of commercial lending, Tom McMenamin, bears no relationship to the scale of losses at the now bust lender. Taxpayers sank €5.4bn into INBS, which was nationalised in 2010 during the depths of the crisis, and will claw back little or nothing of […]

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