Diesel laundering is costing the state around €160m a year, leading for calls to substitute a rebate system for the current use of green dye in subsidised agricultural diesel, The Sunday Business Post reports.
Posts Tagged ‘exports’
Anyone commuting to the North for most of the year to work can save a fortune on tax by claiming trans-border relief. This means they pay Irish income tax only on the income they earn in the Republic (they are, of course, subject to British tax on the income earned in the North but this is lower).
To qualify for the relief, a person must commute to the North for at least 13 weeks a year, and for every week they work in the North he or she must stay in the Republic for at least one day a week.
Many indigenous technology businesses are weathering the economic storm better than in virtually every other sector because of their export-driven focus, according to a report in The Sunday Business Post.
It may not represent the kind of smart economy the government is so desperately punting as the panacea for all our economic ills but it is undeniably smart and eminently exportable.
With the Irish economy in the doldrums, small firms are turning their attentions overseas and the Sunday Times consulted a number of experts for advice on how to “internationalise” a business.