People entering the personal insolvency process to rid themselves of unsustainable debt have been told they can expect to be charged around €300 for an initial consultation, and several thousand euro to employ an intermediary to manage their case…
A cooling economy and new skills shortages have changed the Irish emigrant experience
The Spanish Government banks and property market appears to be following in Ireland’s footsteps in some aspects of its bid to recover from the property crash. International real estate advisers Savills have undertaken some research that shows some similarities in the recovery route adopted in Spain while also identifying a number of substantial differences.
The Central Bank of Ireland is hoping to persuade a large number of individual credit unions to participate in its pilot scheme to deal with those in arrears with multiple lenders in spite of the Irish League of Credit Unions yesterday recommending to its 383 affiliates that they boycott the plan.
YOUNG families are bearing the brunt of the financial downturn, new research from a leading think-tank has found. Households where the adults are under the age of 45 are being hit hardest by unemployment, mortgage arrears and negative equity, according to a new study by the Economic and Social Research Institute (ESRI).
I’m confused about the property tax valuation on my investment property. It cost €240,000 in 2006 and I was told I could expect to make over 8pc of the purchase price annually in rental income once I had renovated. Since then, rent has fallen considerably and I’m getting just under €11,000 per annum. Is the rental yield still a good measure of value?
The Revenue Commissioners have received more than 637,400 local property tax returns to date, less than three weeks ahead of the filing deadline. More than 441,500 of the returns have been made electronically, according to Revenue figures, while almost 195,900 have been paper-based.
http://www.rte.ie/news/business/2013/0509/391388-property-tax-revenue/
