John McEneaney, Harmony Solar’s chairman, welcomed news of the partnership with the ESB.
“We look forward to working together, and we are confident that this partnership will further add to our ability to deliver solar power to even more Irish homes in the future.”
The Association of Compliance Officers Ireland (ACOI) said that it may become common practice for businesses to appoint Covid compliance officers to help them adapt to government rules and guidelines.
“Businesses will have to adapt and change according to what the relevant authorities advise,” said Michael Kavanagh, CEO of the ACOI. “Organisations will have to adhere to strict rules to ensure we hold our ground in the fight against the spread of the disease.
Covid compliance officers could become the norm in Irish businesses
Irish Independent: Your Questions: Why am I getting more than normal on the wage subsidy scheme?
This is most likely down to the taxation of the subsidy, according to Marc O’Dwyer, chief executive of accounting software company Big Red Cloud. He said that although the subsidy payment is subject to income tax, PRSI, and USC, this is not deducted through payroll.
Irishtechnews.ie: Irish Med-Tech launches Covid-19 triage solution to free up GP time and protect patients
Irish med-tech, Full Health Medical, has developed a new clinically-driven patient empowerment solution, “Flow”, in response to the COVID-19 pandemic and the ongoing challenges faced by GPs across the country. The platform aims to create a safer and more efficient manner for GPs to treat patients and to free up procedural and administration time by up to 75%
Irish Independent: Your Questions / Will deal on my debts hit my credit rating after loss of my job?
According to Kevin Johnson, CEO of the Credit Union Development Association, it will not affect your credit rating.
The good news is that the Central Bank, which is responsible for monitoring the Central Credit Register, where everyone’s credit history is kept, has now confirmed that if you form an agreement with your credit union that involves no payments, or reduced payments during the defined suspension period, the credit union will have no obligation to report these changes to the register.
Marc O’Dwyer, the chief executive of Big Red Cloud, said “flaws” in the makeup of the government’s temporary wage subsidy scheme (TWSS) would limit its take-up among the business community.
Trevor Grant of the Association of Irish Mortgage Advisors (AIMA) says “This period of downtime is an opportunity to get your financial affairs in order; a mortgage is most people’s largest monthly outgoing, so the savings that can be made by switching are generally larger than the combined benefit of switching utilities, mobile phone and health insurance”.
He adds that rates have reduced considerably with the lowest hovering around 2.2%, with many lenders covering the costs of the process.
Trevor Grant, Chairperson of AIMA, which represents mortgage brokers throughout the country, spoke of the opportunity this time presents for some mortgage holders,
“Every household in the country is now pretty much confined to their homes. People are using this as an opportunity to get their financial affairs in order. A mortgage is most people’s largest monthly outgoing – so the savings that can be made by switching are generally larger than the combined benefit of switching utilities, mobile providers and health insurance providers.
In relation to repayments of loans, Kevin Johnson, who is the CEO of the Credit Union Development Association, says you can be assured that all credit unions will be understanding and flexible toward their members’ genuine financial limitations over the coming months.
Irish Independent: Your Questions: My income has been hit by Covid-19, so what are my options now?
Your Questions QA:
According to the CEO of Taxback.com, Joanna Murphy, the Government is working hard to put supports in place for the thousands of people affected by this. There is a new pandemic unemployment payment for people (employees and self-employed) who have lost employment due to Covid-19. Application is made by way of a one-page form available from Welfare.ie. This is for six weeks at a flat rate of €203 per week.
