Housing Charities Should Be Exempt From Property Tax
Tuesday, 20th November 2012
Ireland's leading housing charity is calling for housing associations and their tenants to be exempt from any proposed property tax. The call is being made by Respond! Housing Association in their Pre-Budget Submission 2013 which is being launched today, 9th November 2012. The housing charity believes the precedent set by excluding housing associations and their tenants from paying the household charge should be continued in the forthcoming budget. Respond! Housing Association is also making a presentation to the Joint Oireachtas Committee on Finance, Public Expenditure and Reform today to outline their views.
According to Ned Brennan, Respond! Housing Association Chief Operations Officer, housing associations should not be liable for any proposed property tax in Budget 2013: "Housing associations, along with local authorities, provide housing for vulnerable sections of Irish society and for people who are unable to provide housing for themselves
Expert View
Tuesday, 13th November 2012
John Smiles,
Qualified Financial Advisor
Adelphi Financial Brokers
How financially secure are Life Insurance Companies?
Life assurance companies are low risk organisations that have layers of protection to give financial security to their policyholders. There is also additional protection from the oversight and regulation of life companies. This range of safeguards to protect policyholders includes the following:
Policyholder funds are usually invested by the life company in unit-linked funds. When a customer makes an investment they buy units in a fund. When they wish to withdraw their investment, the life company sell the units and pays the value at that time to the policyholder.
A life company is required to hold all the assets underlying its unit linked policies at all times (plus an additional amount for solvency margin). A key difference between a life company and a bank, from a regulatory standpoint, is that a
Missed the Tax Return Deadline?
Tuesday, 13th November 2012
All is not lost if you have missed the October 31st deadline If you are yet to file your Self Assessment tax return help is still available! But don't delay as Revenue's penalty regime will mean that the penalties increase the longer you postpone filing your return. If you have missed the paper deadline of October 31st you can avail of an extended deadline of the 15th of November, but only if you file online. So if you are one of the thousands of taxpayers expected to receive an automatic late filing surcharges you are by no means alone.
If you submit your paper return at any point beyond the October 31st deadline you will be issued with a surcharge of 5% of the tax liability for the year (before any payments). If the return is more than 2 months late
Housing charities should be exempt from property tax
Tuesday, 13th November 2012
Ireland's leading housing charity is calling for housing associations and their tenants to be exempt from any proposed property tax. The call is being made by Respond! Housing Association in their Pre-Budget Submission 2013 which is being launched today, 9th November 2012. The housing charity believes the precedent set by excluding housing associations and their tenants from paying the household charge should be continued in the forthcoming budget. Respond! Housing Association is also making a presentation to the Joint Oireachtas Committee on Finance, Public Expenditure and Reform today to outline their views.
According to Ned Brennan, Respond! Housing Association Chief Operations Officer, housing associations should not be liable for any proposed property tax in Budget 2013: "Housing associations, along with local authorities, provide housing for vulnerable sections of Irish society and for people who are unable to provide housing for themselves
Motors
Tuesday, 13th November 2012
Martin Barrett Ltd to hold Mobility Open week
Adapted SKODA Superb on display
Martin Barrett Ltd, Waterford's ·KODA dealer is holding an information week for Waterford drivers with disabilities and drivers on the disabled passengers – Tax relief scheme in Waterford this week. The Open week which takes place in Martin Barrett Ltd is due to recent changes in the legislation of both the Disabled Drivers and Disabled Passengers scheme. The showroom will be open from 9am to 5.30pm on Tuesday, 13th through to Friday, 16th and also Saturday, 17th of November from 10.00am to 4pm. Dealership staff will be on hand to discuss the recent changes in legislation, answer any questions and speak to individuals with specific requirements.
The dealership will be displaying a SKODA Superb perfectly suited to adaptations for the disabled drivers and passenger's scheme. Some of the equipment fitted
Discover Tramore
Tuesday, 6th November 2012
Discover Tramore launches 'Bargain Friday' initiative
In an effort to encourage a 'Buy Local' campaign in Tramore, the Discover Tramore group have announced a new retail initiative for the build up to Christmas. The initiative, known as 'Bargain Friday', will give shoppers the chance to grab a bargain in a number of participating retailers each Friday from 3pm from now until December 28th. Shoppers can grab great bargains including Buy Two Get The Third Free and other Special Reductions.
Speaking on the new initiative, Kevin O'Sullivan of Discover Tramore
"The idea behind the campaign is to encourage shoppers to Discover Tramore and to shop local. A similar initiative is being run in Waterford at the moment by a number of business groups such as the Chamber of Commerce and I believe it is working very well. With that in mind, we think a
Expert View
Tuesday, 6th November 2012
John Smiles,
Qualified Financial Advisor
Adelphi Financial Brokers
What are earnings?
Earnings mean profit; it's the money a company makes. It is often expressed in terms of earnings per share (EPS) and is the most important indicator of a company's financial health. Investors and analysts use the EPS ratio to compare the earnings of different companies.
To calculate EPS you take the earnings left over for shareholders and divide by the number of shares outstanding. You can think of EPS as a per-capita way of describing earnings. Because every company has a different number of shares owned by the public, comparing only companies' earnings figures does not indicate how much money each company made for each of its shares, so we need EPS to make valid comparisons.
Earnings reports of publicly quoted companies are released four times per year and are followed very closely by Investors.
Although
Property & Finance
Friday, 2nd November 2012
Kavanaghfennell launch Waterford office at Wallace House, Maritana Gate
Kavanaghfennell, specialist Corporate Recovery, Insolvency and Business Advisory firm is pleased to announce the launch of their newly located office located at Wallace House, Canada Street, Waterford.
The office will be managed by Andrew Byrne who has been with the firm since 2004. Andrew has over 14 years insolvency and Corporate Recovery experience, working on a significant number of assignments covering Corporate and Personal Asset Receiverships, Creditors' Voluntary Liquidations and Court Liquidations. He also lectures on Receiverships for Chartered Accountants Ireland in its Diploma in Insolvency Course.
Commenting on the office launch, Tom Kavanagh, founding Partner at kavanaghfennell said "Our decision to expand our Waterford office will increase our presence in the South East region and we are delighted that this office opening will further enhance
Mortgage Interest Relief
Friday, 2nd November 2012
Auctioneers Call for extension of Mortgage Interest Relief
Auctioneers have called for the extension of mortgage interest relief for house buyers in the upcoming Budget in order to help the ailing property market.
The President of the Institute of Professional Auctioneers and Valuers (IPAV) Liam O'Donnell said both first and non-first-time buyers should be given every encouragement to purchase properties in 2013 and beyond.
Mr O'Donnell said the Minister for Finance should continue to apply the mortgage interest relief until the property market shows a realistic level of recovery.
"Currently there are literally thousands of young people out there renting or living with their parents who are very anxious to purchase a home of their own," he said. "Abolishing mortgage interest relief at this time makes no sense and adds a further barrier to rekindling the property market."
Mr O'Donnell said the abolition of the
Expert View
Friday, 2nd November 2012
John Smiles,
Qualified Financial Advisor
Adelphi Financial Brokers
What are Alternative Investments?
An alternative investment is an investment product other than the traditional investments of equities, bonds, cash, or property. The term is a relatively loose one, covering financial assets such as commodities, private equity, hedge funds, etc.
Land investment has become an attractive proposition. With a growing world population and dwindling land supplies, investment in the agriculture sector is increasingly attractive. During the recession, land prices have been pretty stable and resilient compared to other markets. Experts think the capital value of land will increase considerably in the short to medium term.
Global population growth, together with crop destroying weather is driving cereal prices upwards. Commodities are great for diversification purposes and global demand is rising. For 25 years there's been very little investment in production capacity, so we've had supply going down at a
Letters to the Editor
- Editorialread more »
Google AlertWhen a company which has it's European Headquarters here in Ireland is called 'evil' and 'immoral' by M.P.s in The House of Commons you tend to sit up and take notice. The particular company that was being referred to was Google and the reason it had enraged M.P.s in London was because even though it has a big operation there and conducts a lot of business there it pays no corporate tax. It does this by having all of its financial transactions finished here in Ireland. And the company here is …
