Business News

Enterprise Ireland establishes new Potential Exporters Division and launches new programmes of supports to get more Irish companies exporting.

30th March 2012

On March 13th, the minister for Job, enterprise and Innovation, Richard Burton, T.D. announced that a new Potential Exporters Division in Enterprise Ireland has gone live and launches new programmes of supports for exporters in order to get more indigenous companies trading in foreign markets. The new Potential Exporters division will:

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€30m Fund available for upgrade of Sports Facilities

30th March 2012

Fine Gael Kildare South TD, Martin Heydon, has today (Wednesday) warmly welcomed the announcement by Minister of State for Tourism and Sport Michael Ring of a €30m fund for important sports capital projects.

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Man jailed over garlic tax scam: (9-3-12)

30th March 2012

Fruit and Vegetable business man has been jailed for six years for a €1.6 million scam involving the importation of garlic. He avoided paying customs duty on over a thousand tonnes of garlic from China by having them labeled as apples. The maximum sentence for the offence is five years in prison or a fine…

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Government’s plan to target core €500 million research budget at turning goods into good jobs.

30th March 2012

Ministers Burton and Sherlock launched a Research Prioritisation Plan on 1st March to target the majority of the Government’s core €500million budget

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Minister Burton signs a memorandum of understanding on Science and Technology with Chinese Government. (March 2012)

30th March 2012

Richard Burton, T.D, Minister for Job, Enterprise and Innovation signed a Memorandum of Understanding on Ireland –China Science and Innovation Cooperation with Mr. Wan Gang, Minister of Science and Technology while on a Trade & Investment mission to China.

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The Personal Insolvency Bill

30th March 2012

The two main aims of modern bankruptcy law are to return funds to creditors and to rehabilitate the debtor. In Ireland, bankruptcy remains a punitive regime from which it is almost impossible to recover and to resume a normal career or business life, according to Séan Kelly, RSM Farrell Grant Sparks.

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Courts get tough on Tax Evaders

23rd March 2012

Recently the Dublin Circuit Court found a man guilty and sentenced him to jail for four years for failing to pay VAT on 119 second hand cars to the value of €226,718. He has since paid the tax of €226,718 that was due. The Judge, Martin Nolan said that sometimes tax evaders thought they could…

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Government announces Jobs Initiative – ‘Connect Ireland’ (March 2012)

22nd March 2012

It will be interesting to see what take up there will be on the latest Government jobs initiative launched “Succeed in Ireland”. It is an innovative programme, launched on 8th March 2012. It aims to create 5000 jobs within five years by targeting international companies and business people, who would otherwise not be reached by…

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Government announces Entrepreneurship Development Programme – ‘New Frontiers’ (Feb 2012)

22nd March 2012

Pat Sutton of O’KellySutton Chartered Accountants and Strategic Business Advisors is pleased to see another Entrepreneurship initiative launched. The government announced a new national entrepreneurship development programme ‘New Frontiers’ in February 2012. It will be delivered at a local level through Institutes of Technology throughout Ireland.

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Tax liability for Pensioners?

9th January 2012

It’s hard to believe how Revenue can get something like this so wrong, but they have. 115,000 letters have being dispatched to pensioners resulting in 20,000 worried pensioners contacting the Revenue helpline on Friday and Saturday past, with phone lines expected to be ‘busy’ again today when they reopen. So how did Revenue get it…

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