Entries by ecovis_adm1n_17

The National Minimum Wage Increase

On the Up As of February 1st, 2020, there will be an increase in the National Minimum Wage for employees over 20 years of age. The minimum wage for these workers has increased from €9.80 to €10.10 with immediate effect. It is advisable that you notify all employees currently receiving minimum wage of this change […]

The Irish Economy Continues To Show Resilience

Slow and Steady Wins the Race As the risks of an imminent ‘Hard Brexit’ began to fade in the final quarter of last year, recent surveys by the ACCA (Association of Chartered Certified Accountants) and the Institute of Management Accountants suggest that the Irish economy began to show signs of slow defiance and resilience against […]

The Importance of a Personal Pension

Back to the Future We have been constantly told since childhood that it is important to cast an eye to the future and never to “spend it all in the one shop” and to “save for a rainy day”. These are refrains Irish ears are so used to hearing that we could likely finish these […]

What does the property market look like for 2020?

Good Cop Bad Cop We have spoken many times in the past couple of years about the difficulties facing prospective home buyers in the current market. Between the rising cost of living and the increasing rental costs limiting the ease of saving the required deposit and the ever-growing cost of properties themselves it has become […]

The Repair and Leasing Scheme (RLS)

Can we Fix it?… We Can Now With an atmosphere of financial uncertainty and lingering nervousness still abounding at the moment, it is important to find the positives where they can be found. In our case we often endeavor to inform our clients about available schemes and assistances available to them which may be of […]

Residential Tenancies Board (RTB) New System

All Above Room and Board As you will no doubt be aware, there have been a great many changes in the rental sector in recent months as the Residential Tenancies Board (RTB) seek to revamp their system. With such an atmosphere of confusion and uncertainty surrounding so much of the business world of late, we […]

Beneficial Owner Register Deadline

Make Haste While the Sun Shines We are writing to you in respect of a very important deadline concerning the establishment of a Central Register of Beneficial Owners. The Register itself is overseen by the Department of Finance and the impetus for this EU led legislation has been to increase access, across the EU Member States, […]

Section 23 Tax Relief

The Rented Residential Tax Relief In these uncertain times there is a great deal of focus on the negatives, particularly in terms of the housing market. We are consistently reminded of how astronomical prices are, and how difficult it is for people to get on to the property ladder to begin with. Following on from […]

Budget 2020 – Saving for a Rainy Brexit

It’s that magical time of the year once again as the days get shorter, the nights get longer, and we wonder what awaits us in the year ahead as the Budget announcements are made. Does Budget 2020 hold more tricks or treats for us? With the possibility of a Hard Brexit facing us, there is […]