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Wednesday, 24th July 2013

The Government have announced that it will proceed with the transfer of responsibility for recipients of rent supplement with a long-term housing need from the Department of Social Protection to housing authorities using a new Housing Assistance Payment. This joint proposal by the Minister for the Environment, Community & Local Government, together with the Minister for Housing and Planning, and the Minister for Social Protection, arose out of a commitment in the Programme for Government to review the operation of the rent supplement scheme and bring forward appropriate proposals to integrate rent supplement and social housing support systems. This commitment in the Programme for Government followed on-going concerns about the evolvement of rent supplement into a long-term housing support; which it was never designed to be. It was also one of the key reforms announced in the Minister for Housing

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Wednesday, 17th July 2013

Tarantino Comes To Waterford

Waterford's newest theatre company Beretta Productions is proud to announce that their first play to be performed for Waterford audiences will be a stage version of Reservoir Dogs by legendary filmmaker Quentin Tarantino. This production which will be held in Garter Lane Arts Centre from the 29th to the 31st of August will be a first for Waterford. It will not only be the first stage version of Reservoir Dogs to be held in Waterford but the first time any theatre company has brought Tarantino's incredible writing to Waterford audiences. In order to bring the very best to the garter lane stage and to pay homage to the film and the amazing writing, we have decided to use an entire cast full of Waterford actors. Each bringing their own individual talent to each of these characters.

Guns, gangsters

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Wednesday, 17th July 2013

July marks official kick-off month for property tax payments

Payzone, Ireland's largest consumer payments network has shared figures, compiled by the Revenue Commissioners, that reveal that 7% of property owners have chosen cash/retail

payments as their preferred method of payment when filing their Local Property Tax (LPT) Return Form.

As one of the approved Payment Service Providers, Payzone is reminding those who have selected cash payments as their preferred method of payment, to notify them that they now have the month of July to commence payments at any one of its network of 2,000 Payzone branded retail outlets, located throughout the county. Cash payments can be made in a single payment or on a weekly or monthly basis, with the added flexibility to vary payments if required. The service is particularly geared to help taxpayers budget more effectively by making smaller payments over

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Wednesday, 10th July 2013

Is now the right time to buy a property?

For many people, buying a property will be their biggest ever purchase. Buying a home challenges our rational actions and behaviour. Irish people tend to have a highly emotional attitude to property, related to our history of land ownership. However, a long-term decision like buying property should be the opposite of emotional. It should be made with great caution. Gather all the facts, not just the opinions of others, assess those facts and weigh up the pros and cons.

Mortgage interest rates are likely to increase because the banks are starved of cash and many of the loans on their balance sheets are non-performing. Standard Variable Rate (SVR) mortgages look like a guaranteed way to raise money for a cash-starved bank. SVR can be raised at the banks’ discretion, such increases potentially putting

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Wednesday, 10th July 2013

Exciting opportunity for first time buyers and Meadowbank, Ballinaneeshagh, Cork Road, Waterford

Sherry FitzGerald John Rohan now offer an exciting opportunity for first time buyers and investors with the release of ten 3 bedroom semi detached homes in Meadowbank, Ballinaneeshagh, Waterford. Offering tremendous value with asking prices from e65,000. Meadowbank is a modern residential development situated just off the Cork Road adjacent to Waterford Industrial Estate and neighbouring Waterford Institute of Technology. Located within close proximity to the city bypass, the City Centre is only a five minute drive away and there is also a frequent bus service.

The properties available are spacious semi detached homes approximately 1018 sq ft (95 sq m) of traditional concrete block construction. These new homes offer low maintenance living for today’s busy lifestyle such as:

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Wednesday, 10th July 2013

Fine Gael Waterford Deputy, Paudie Coffey, has welcomed news that the Minister for the Environment, Community and Local Government, Phil Hogan TD, has approved €475,000 in funding that will allow for the first phase of works to begin in the Dunmore East Water Supply Scheme. This funding follows on from last week when the Minister approved €2.8 million for the Cheekpoint part of the seven village sewerage upgrade.

"The Grouped Towns and Villages Sewerage Scheme is included in the Department’s Water Services Investment Programme 2010 – 2013 at an estimated cost of over €50 million. This is a significant capital investment in county Waterford and includes the villages of Dunmore East, Cheekpoint, Kilmacthomas, Stradbally, Kilmeaden/Ballyduff, Cappoquin and Tallow.

"This phase of the works involves the construction of a new pumping station at Corbally Beg to boost water from the East Waterford Water

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Wednesday, 10th July 2013

Thousands of people are enjoying warmer weather activities at waterways nationwide yet there is an ever present danger that people will drown even in close proximity to shore and close to other water users. Irish Water Safety (IWS) is calling on the public to avoid unsupervised bathing areas and to swim in an area that has a lifeguard. Irish Water Safety has details of all lifeguarded waterways nationwide listed at http://www.iws.ie.

Having IWS assessed Lifeguards nearby is reassuring in case you need advice, help with first aid or missing children. They are trained to prevent or react to unexpected incidents where seconds can make a difference. However, Lifeguards are not a child minding service and members of the public have a duty of care to protect themselves and their families when visiting waterways nationwide.

Knowing the dangers will reduce the

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Wednesday, 3rd July 2013

Will Ireland exit its current bailout programme by the end of 2013?

Ireland’s macro-economic landscape has improved dramatically over the last number of years but challenges still remain.

Fiscal compliance is the only component fully under the Irish Government’s control.

Growth levels will largely be determined by the international export market.

Bank recapitalisations represent the great unknown in Ireland’s fiscal horizon.

A prolonged European recession presents the greatest risk for Ireland’s longer term debt sustainability.

There is a need for increased domestic growth initiatives in the short term.

The Government’s steadfast commitment to austerity over the last six years now allows for additional domestic growth policies immediately without harming Ireland’s fiscal credibility.

Ireland should seek some leniency in its deficit reduction targets, similar to what was granted to Spain in April 2013.

Maintaining Ireland’s fiscal credibility is critical but following the stabilisation of Ireland’s finances, fiscal credibility can now

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Wednesday, 3rd July 2013

Asking prices for property in both Waterford city and county have continued to fall in the second quarter of the year, according to the latest survey from property website http:www.MyHome.ie.

The survey shows the median asking price in the city fell 6.3% in the quarter to €149,000 and in the county by 5.6% to €169,000.

The asking price for a threebed semi in Waterford fell in the second quarter of the year by almost 8% to €143,000, almost half the asking price at the 2006 peak. The median price of a 4-bed semi was 14.6% lower in the quarter at €158,000 – a fall of almost 27% in the past year and a bigger annual decline than in any other Irish county

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Tuesday, 25th June 2013

John Smiles

Can I transfer my UK pension to Ireland?

People, who worked in the UK and built up a fund in a UK pension and are back living in Ireland, may now bring their pension home.

Her Majesty's Revenue and Customs (HMRC) introduced legislation in April 2006, allowing any UK pension to be transferred to another country once the receiving pension has been approved by HMRC. This is known as a Qualifying Recognised Overseas Pension Scheme (QROPS).

The advantages of moving are:

- You are no longer only restricted to a set income for life. Now, you can choose how and when you want to access your retirement fund.

- The taxation regime in the event of death compares favourably with the UK where death taxes can be up to 73%.

- Reduce the risk of potential currency issues in retirement by moving your pension into

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Letters to the Editor

  • Our View

    Time for a breakJust as the height of Summer begins it seems that it is also the time when our politicians begin their yearly departure from Dail Eireann. While not many professions get as much holiday time as politicians do you have to ask the question whether they merit such long breaks?There are many who would immediately answer that they don't really deserve such long holidays, that they barely seem to spend any time in the Dail at all and after all they are well remunerated for the long hours …

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