News

Ecommerce explosion: online cross-border sales boom in China offers Irish exporters opportunities

Ecommerce has exploded in China – on current trends half of all of the world’s online transactions will take place in the economic power house this year. Local Chinese tech champions such as Alibaba, Tencent and JD.com dominate a rapidly-growing ecommerce ecosystem, mostly within China, according to a paper from the World Economic Forum (WEF). […]

Adrian Weckler: ‘Beware of Black Friday ‘sales’

In five days, ‘Black Friday’ will occur. You’ll see and hear lots of ads appearing about this. Sadly, it’s a time of the year when retailers spoof a lot about price cuts with no consequence from any regulatory body. Discounts are exaggerated and recommended retail prices – ‘RRP’ – are quoted that have not been […]

Consumer spending to reach a record €105bn – surpassing boomtime peak

Irish consumer spending is set to reach a record €105bn this year, surpassing the boomtime peak set in 2007, according to a new report. The Home Renovation Incentive (HRI), a tax relief for home improvements, is fuelling strong growth in people’s spending on their homes, according to the latest Consumer Market Monitor from the Marketing […]

Consumer spending to reach a record €105bn – surpassing boomtime peak

Irish consumer spending is set to reach a record €105bn this year, surpassing the boomtime peak set in 2007, according to a new report. The Home Renovation Incentive (HRI), a tax relief for home improvements, is fuelling strong growth in people’s spending on their homes, according to the latest Consumer Market Monitor from the Marketing […]

Review of expenses scheme angers accountants

One of Ireland’s top accounting representative groups has lashed out at Revenue’s review of the flat-rate expenses scheme, saying 500,000 could ultimately be affected and that some individuals could lose out on gains from the Budget. Brian Keegan, director of public policy and taxation at Chartered Accountants Ireland (CAI), said changes to the scheme coming […]

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