The Irish hospitality and tourism sector faced significant challenges in 2024, including rising food and labor costs and a stable VAT rate of 13.5%. Despite a decrease in visitor volumes, international tourists spent more during their stay. The introduction of…
The Central Bank has raised concerns regarding the potential economic impact of tariffs and tax changes proposed by the Trump administration, specifically on US multinationals operating in Ireland. It emphasized the risks to employment, investment decisions, and corporation tax revenues,…
Farmers and shareholders of Kerry Co-op in Munster are set to vote on a significant deal to buy back the dairy processing assets of Kerry Group, valued at €500 million. This transaction could provide a vital financial boost to the…
As elections approach, Irish small and medium-sized enterprises are urging political candidates for increased support in tackling rising labor, energy, and supply costs. Business owners, including artists and gym leaders, express concern over VAT hikes and the sustainability of their…
Fianna Fáil has released a comprehensive election manifesto outlining major proposals aimed at addressing key societal issues. The plan includes raising the income tax threshold to €50,000, reducing the Universal Social Charge, and increasing State pensions to €350 weekly by…
As the campaign for Election 2024 kicks off, the business community is increasingly vocal about crippling costs impacting operations. High expenses driven by supply chain disruptions, rising energy prices due to the Ukraine war, and new government policies are top…
