Our latest tax act comes with a silver lining on business losses
The newly-introduced Financial Provisions Act means hard-pressed firms can now access the July stimulus tax reliefs
This column has covered the tax measures required to modernise the economy for some time now. So it was good to see President Michael D Higgins sign the Financial Provisions (Covid-19) (No 2) Act into law on August 1, 2020 as it involves the tax elements of the July stimulus.
It’s worth noting the legislation was initiated on July 23, and was signed into law less than two weeks later. The Revenue also published guidance on these provisions...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
AIB financial targets will be met by closures and 1,500 job cuts
The bank, which is 71 per cent owned by the Irish taxpayer, may also be looking towards acquisitions, one of which is the wealth management company Goodbody stockbrokers which it formerly owned
Brian Keegan: Businesses deserve a reward after such a tough year
It’s clear from the November exchequer returns that Irish firms have been doing the right thing throughout the coronavirus crisis
Credit guarantee: The money’s there, but where is it going?
With very little of the €2 billion credit guarantee cash having found its way to stricken companies, some are speculating that the banks are too busy dealing with underperforming loans to lend cash to firms