The tax system has still not caught up with the changed culture of work following the pandemic with some existing measures too inflexible to be relevant to how people now work, Chartered Accountants Ireland has warned.
Losses at Sheikh Mohammed bin Rashid Al Maktoum’s thoroughbred horse racing stable Godolphin last year almost halved to €4.23m.
AIB and Bank of Ireland are positioned to make a financial killing by putting a combined €20bn borrowed from the European Central Bank (ECB) at super low rates back on deposit in Frankfurt as official interest rates rise, unless officials can come up with a blocking mechanism.