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Irish firm buys US international payroll company and announces 150 new jobs

Immedis, a specialist division of the Terry Clune owned Taxback Group, has today announced the acquisition of US international payroll company Expaticore. The $10m (€9.1m) acquisition is [...]

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Fees fall to €120m on Irish financial deals so far in 2017

Investment banking fees paid so far this year in relation to deals that involved Irish entities have hit $131.2m (€120.4m), according to figures compiled for the Irish Independent by Thomson Reuters.< [...]

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Firms need to embrace technology to ensure robust anti-money laundering procedures

Late last year we predicted in these pages that the fine imposed of €98,000 on Bray Credit Union by the Central Bank for failures in its anti-money laundering (AML) procedures would be "the thin end o [...]

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EU urged to halt corporate tax plan until impact studied

The EU's plan for the Common Consolidated Corporate Tax Base (CCCTB) should be suspended until a country-by-country analysis of its likely impact is undertaken by the European Commission - according t [...]

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Mortgage lending at Bank of Ireland soars by 30pc in first three months of 2017

Bank of Ireland’s new mortgage lending recorded a 30pc increase in the first three months of the year versus the same period in 2016. The bank has announced that its net interest margin [...]

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Receiver appointed by Cardinal Capital to two Genesis Homes units

Two units of Genesis Homes, a homebuilder controlled by former McInerney Holdings chief executive Barry O'Connor, have been placed in receivership after a repayment date was missed. Bank [...]

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INM board members to be reclassified as non-independent

Two members of the board of Independent News and Media will be reclassified as non-independent, non-executive directors, the Irish Independent has learned. The reclassification will be c [...]

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ESB and Bord na Móna in €500m solar venture to power 150,000 homes

Bord na Mona and the ESB are joining forces to develop four huge solar farms that are likely to cost in the region of €500m and generate sufficient electricity to power 150,000 homes. Th [...]

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Impaired loans at State-owned AIB down 70pc from peak

The quantity of impaired loans at State-owned AIB is down 70pc from the peak levels seen in 2013, according to a first quarter trading update issued by the bank. The total value of impai [...]

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Dan O'Brien: How Ireland's economy has dodged two potential bullets - for now

One-in-four people employed in the private sector in this State works for a foreign company that sells stuff to foreigners. The taxes those workers and companies pay fund a great deal of the public se [...]

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Accounting Practice Galway
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Galway Technology Park
Parkmore
Co. Galway
Tel: +353 91 762892
Fax: +353 91 762899
Email : info@arkinskenny.com
 
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