Budget 2020 Update – The Main Points No change in income tax and USC rates and bands for 2020. However, two tax credits are increased: Earned income tax credit for the self-employed and proprietary directors increased by €150 to €1,500 for 2020. The Home Carer tax credit increases by €100 to €1,600 for 2020. DIRT…
House price inflation subdued, supply edges higher Sharp deceleration in house price inflation Nationally, house prices increased by 0.9% in the month of July. This represented its strongest monthly gain since September 2018 and marked the fifth successive month of increases after registering some modest falls towards the end of 2018 and early part of this…
August provides stark reminder of Global Risks. Escalating US-China trade tensions roiled global equities in August, driving investors to perceived safe-haven assets. Eurozone sovereign bonds gained on increasing growth concerns and attendant expectations of policy easing by the ECB at its September meeting. Lenny McLoughlin Chief Economist, Irish Life Investment Managers Limited (ILIM) Trade gloves…
There is still significant uncertainty regarding the outcome of Brexit, particularly the economic and market impact of a ‘hard no deal’ Brexit. The probability of a ‘no deal’ Brexit has obviously significantly risen after Boris Johnson’s succession as UK prime minister, given the more hard-line, aggressive stance he has adopted over the last month or…
The good news continues at Mullane Financial Services. We are pleased to announce, Mullane Financial Services has been appointed an authorised Mortgage Intermediary by Bank of Ireland. Speak to us today to find out more information.
House price inflation slowing, home building rising Sharp slowdown in house price inflation The most recent figures on Irish residential property prices indicate that the trend of slower price growth evident in 2018 has carried over into this year. CSO data shows that nationally, prices increased by 5.6% on a yearly basis in January. This…
Many concerns about the economic outlook Global Trade: Move away from free trade towards protectionism\tariffs under Trump Slower growth in global trade, weaker export orders, US tariffs impact Chinese economy US Economy: Growing strongly but could slow sharply as fiscal stimulus fades and higher interest rates impact activity. Will become the longest US economic…