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Bank tax plans, steady M&A and what’s next for Ireland’s wind energy ambitions – Irish Times

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Finance Minister Michael McGrath said: decided to increase He said there was every indication that banks could reap “very significant benefits” as interest rates rose, analyzing the amount of money raised from the bank levy. As Ken Fox reports, in pre-Budget discussions Mr McGrath said the bank would not be able to save €150m from the bank because it was performing so well that much of its profits were “avoiding tax”. He said he would like to receive a “significantly higher” amount of money. Huge losses incurred during the financial crisis.

Rate cut in 2024 could lay the foundation for Irish interest rate hikes mergers and acquisitions Brokerage firm Davey said activity has slowed following a slight decline in the number of deals completed in the Republic last year. There’s a story about Ian Curran.

“Continued market imbalance between supply and demand” will further exacerbate Rising house prices However, estate agent DNG predicts that in cities such as Dublin, where affordability is already at its limits, the rise will be slow and remain in the low single digits. Eoin Burke-Kennedy reports.

Feargal O’Rourke, a former managing partner at PwC, has been appointed as the company’s next president. Chairman of IDA Ireland. He will succeed Frank Ryan, who has held the position since 2014 and will assume the position immediately.

Nearly nine in 10 Irish taxpayers feel that: Tax return rules Profit from property sales needs to be overhauled, according to new research. According to a report by Ellen O’Regan, a sentiment survey of more than 2,000 taxpayers found that 88% want the rules changed or simplified.

Kevin O’Sullivan looks to 2024 and asks what’s in store. Ireland’s wind energy ambitions.

of Gender pay gap As a result of the appointment of women to many senior management positions, the proportion of employees at The Irish Times will fall by more than two-thirds by 2023. Learn more from Ellen O’Regan.

The plan by real estate investment group Tetrarch would build 114 housing units for so-called assisted living for people over 65 on land owned by the Society of the Sacred Heart, an order of nuns. mount anvil A girls’ school in south Dublin faces local opposition. Gordon Deegan reports.

The transition to electric vehicles on Irish roads continued at a rapid pace last year, with 22,789 new roads installed. Electric car Registrations rose 45.4% year-on-year and 561.7% compared to pre-pandemic 2019, according to data from the Irish Motor Industry Association. This is the story of Colin Gleeson.

Stay up to date with all business news. Sign up for Business Today’s daily email news digest. If you’d like to learn more about issues affecting your finances, sign up for On the Money, a weekly newsletter from our personal finance team. Published every Friday to Irish Times subscribers.



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