Categorized as: Syndicated News

IMF’s Lagarde warns US debt default would cause new recession

The head of the International Monetary Fund Christine Lagarde has warned that a US debt default would send the world back into recession. In an interview featured on NBC, Ms Lagarde said that if the US defaulted on its debts, there would be so much uncertainty and risk of disruption that the standing of the US economy would be at risk.

New bill to allow firms apply to Circuit Court for examinership

The Government has announced plans to allow small and medium sized businesses to apply to the Circuit Court for examinership.

Euro zone SMEs ‘starved’ of credit

Small and medium sized businesses in the peripheral euro zone are being ”starved” of credit. They are also paying interest rates on bank loans up to three times more than their German counterparts.

Irish businesses more upbeat on recovery – survey

The outlook for Irish business is continuing to improve with a significant increase in the number of companies reporting better activity levels in the past three months.

Rabbitte defends upcoming Budget adjustment

Minister for Communications Pat Rabbitte has said that although the adjustment in the upcoming Budget will be somewhat less than €3.1bn it still does not mean that it will be any easier for hard-pressed families.

Revenue eBrief No. 39/13

17 September 2013 Employee Benefit Schemes

Section 12 The Finance Act 2013 inserted a new anti-avoidance provision, Section 811B, into Chapter 2 Part 33 of the TCA 1997. An explanatory note on the new provision is contained in the Tax and Duty manuals under Income Tax, Capital Gains Tax, Corporation Tax at pdfPart 33.02.02  (PDF, 102KB)

Noonan coy on precise Budget adjustment plans

Minister for Finance Michael Noonan has refused to say how far under the planned €3.1bn adjustment he will go in the upcoming Budget.

Speaking as he arrived at the Global Irish Economic Forum at Dublin Castle, he said officials have not arrived at a final figure.

Revenue eBrief No. 40/13

19 September 2013 PRSI changes for modified rate employees (civil and public servants) with additional income

From January 1st 2013, where civil and public servants paying the modified PRSI rate (PRSI Classes B, C or D)

Revenue eBrief No. 39/13

17 September 2013 Employee Benefit Schemes

Section 12 The Finance Act 2013 inserted a new anti-avoidance provision, Section 811B, into Chapter 2 Part 33 of the TCA 1997. An explanatory note on the new provision is contained in the Tax and Duty manuals under Income Tax, Capital Gains Tax, Corporation Tax at pdfPart 33.02.02  (PDF, 102KB)

Article Source http://tinyurl.com/k63musj

Revenue eBrief No. 39/13

17 September 2013 Employee Benefit Schemes

Section 12 The Finance Act 2013 inserted a new anti-avoidance provision, Section 811B, into Chapter 2 Part 33 of the TCA 1997. An explanatory note on the new provision is contained in the Tax and Duty manuals under Income Tax, Capital Gains Tax, Corporation Tax at pdfPart 33.02.02  (PDF, 102KB)

Article Source http://tinyurl.com/k63musj

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