Tuesday, 17th July 2018
Social media Waterford Today on Twitter Waterford Today on Facebook

Wednesday, 6th December 2017

Michael Garland,

bizBoost Chair,

Waterford Business Group

"Terms and Conditions Apply!"

So Frances Fitzgerald finally fell on her own sword - not before putting up a huge, behind-closed-doors fight, with her Fine Gael colleagues. There was even talk about her "having something on Leo?" Nonetheless, he remained so steadfastly on the side of

"She has done nothing wrong and let’s wait for the tribunal, before judging her!"

The trouble was, that Leo’s pantomime Dames were also told, in no uncertain terms, to get behind their Tánaiste. "They’re behind you!"

The spin was "innocent until proved guilty." Then more and more, leaked emails started to appear. Evidence against the Minister was mounting, indications being that Frances knew more about the shenanigans surrounding Maurice McCabe, than she was willing to tell the Dáil. Had she convinced Leo, she was no Panto Baddie, no Wicked Witch?

Pressure mounted on ALL concerned,

Read More »

Wednesday, 6th December 2017

John Smiles

Qualified Financial Advisor

What is the Employment Incentive and Investment Scheme?

The Employment & Investment Incentive (EII) allows individual investors to obtain income tax relief on investments made, in each tax year, into EII certified qualifying companies. The EII replaced the Business Expansion Scheme (BES) and runs until 2020. Companies seeking EII relief must directly seek certification from the Revenue Commissioners. EII relief is given under Article 21 of GBER and now requires EII funding to meet the following requirements:

Eligible undertakings shall be undertakings which at the time of the initial risk finance investment are unlisted SMEs and fulfil at least one of the following conditions:

- they have not been operating in any market

- they have been operating in any market for less than 7 years following their first commercial sale

- The cumulative limit on EII investment is now €15m as

Read More »

Wednesday, 6th December 2017

Three of Ireland’s best-known charities have taken the unprecedented step of coming together to launch a national campaign The Refund Project which is asking members of the Irish public who can afford it, to consider donating their Irish Water refund to tackle the homelessness crisis.

At a special launch event in Dublin a national advertising campaign was unveiled and a special website refundproject.ie went live on behalf of Simon Community, Peter McVerry Trust and Focus Ireland who will be the 3 beneficiaries of the initiative.

Almost 8500 people are now homeless in Ireland and more than 3000 of these are children. The Irish Water repayment scheme will see €173 million repaid to account holders in the coming weeks and the three charities are hoping that a proportion of the monies will be donated to deal with the homelessness crisis.

A special oversight group

Read More »

Thursday, 30th November 2017

Michael Garland,

bizBoost Chair,

Waterford Business Group

"Rotten apples – we’ve a barrel full of them!”

"Surprise Surprise”, as Cilla Black would once have said.

Leo "The Limelight” Varadkar has with all the Wisdom of Solomon, decided to give his full backing to his embattled, beleaguered, Tánaiste, Minister Frances Fitzgerald. In many ways, he is very quickly becoming our very own version of the "Iron Lady”, Margaret Thatcher. He is very clearly "Not for turning!”

Over the last few days, right across our national media, he has repeated the same mantra, time after time, after time. He will, come hell or high water, not throw out, sack, dismiss, get rid of, abandon, or ask her to resign.

As a result, there has been nothing but incessant talk about a possible general election before Christmas. Come on Leo, we have barely had time to recover from "Trick or

Read More »

Thursday, 30th November 2017

John Smiles

Qualified Financial Advisor

Government Bond Yields and Pensions

Anyone with a personal or defined contribution pension requesting retirement benefits will discover unless they have a valuable guaranteed annuity locked in, they will be offered a smaller pension at retirement than previously.

There are two reasons for this – annuity rates and longevity.

Annuity rates are the rate a pension provider offers a guaranteed income for life in exchange for a lump sum. Current annuity rates for a female taking retirement benefits at age 60, is 3.34%. So that female with a pension fund of €100,000, taking their retirement benefits now, will receive a guaranteed pension for life of €3,340 pa. Once accepted by an annuitant [pensioner] the annuity rate is guaranteed for life and cannot subsequently be reduced or cancelled. Therefore, pension providers need to have a balancing source of future guaranteed income

Read More »

Thursday, 30th November 2017

Over three quarters of people in Munster (79%) will deck their homes out in festive decorations this Christmas with 15% planning to go all out with both indoor and outdoor lights and decorations. However, despite the great efforts that people in

Waterford and across Munster go to in preparing their homes for Christmas, the majority (61%) will take no steps to protect their home against season-related risks, such as chimney fires, electrical faults or boiler breakdown, in advance. That’s according to Aviva Home Insurance, who released the findings of their latest research.

The research, which was carried out by RED C on behalf of Aviva, found that paying for everything is the number one concern for 40% of people in Munster at Christmas. Other key concerns include pipes freezing (24%); power cut (22%); boiler breakdown (13%); Christmas tree going on fire (12%);

Read More »

Tuesday, 21st November 2017

Michael Garland,

bizBoost Chair,

Waterford Business Group

Are we lacking in political talent?

Over the last few weeks many, many column inches have been written, relating to our Junior Minister John Halligan's recent faux pas, thus, widening the debate further, as to whether or not Waterford has the political talent to actually make a difference to the City, County and wider South East region.

If you look at our neighbouring counties, the numerous political "big hitters" across our borders are well publicised. These TDs are aligning themselves for significant portfolios in the next Irish Government, be that 2018, 2019 or 2020.

Waterford's long term hurling foe, Kilkenny, have a five seat constituency. Both FF and FG will probably be targeting three seats in the "Black and Amber" county. Out to the "Wesht" we have the super-constituency of Cork. The two main parties of FF and FG

Read More »

Tuesday, 21st November 2017

John Smiles

Qualified Financial Advisor

Year-end worries for investors

November/December can see some of the biggest moves in markets and experts have some issues to be cautious about.

The prospect of 'no-deal' Brexit is probably the biggest worry. We are at the halfway point between the Brexit vote and the nominated date that the UK leaves the EU and if politicians can't reach a deal then the pound could weaken further putting more pressure on Irish exporters.

Brexit is not a problem for FTSE 100 companies as they get a large proportion of their earnings from overseas, but smaller and medium-sized businesses which tend to be more domestically-focused will be impacted by a 'no-deal' exit. Much of the FTSE's strength over the past year has come from the boost to firms' overseas profits due to a weak pound.

The average UK equity fund has around 42%

Read More »

Tuesday, 21st November 2017

Sixteen of Waterford's young entrepreneurs have been shortlisted for the Waterford final in the Ireland's Best Young Entrepreneur (IBYE) competition 2017.

The competition now in its fourth year is run by Waterford Local Enterprise Office. A €50,000 investment fund will be shared among three winners and three runners-up; three winners from this final will also go forward to the regional final to battle it out for a place in the prestigious national final.

The three finalists are selected from the Waterford shortlist under three categories, 'Best New Idea', 'Best Start-up' and 'Best Established Business'.

In order to help prepare the finalist for this stage of the competition, Waterford Local Enterprise Office hosted a three-day, intensive business Bootcamp. The bootcamp is designed to help participants to develop their ideas and businesses from concept stage to reality and to build a viable business plan and

Read More »

Tuesday, 14th November 2017

Michael Garland,

bizBoost Chair,

Waterford Business Group

"It's beginning to feel at lot like Christmas!"

If truth be told, that Christmas feeling seems to begin earlier and earlier each year. In fact, it appears to start right after Halloween. Once all the reduced in price "Trick or treat" paraphernalia, such as vampire costumes, werewolf masks, gory face paint, sickly marshmallow sweets and monkey nuts are gone, they're gone.

Tinsel, baubles and Christmas trees, miraculously come out as if by magic! Even the BIG man from the North, invites us to make a list, before "Black Friday" gets us all excited whilst maxing out our credit cards. Make no bones about it, we succumb to commercialisation all too easily. Even Santa's hard working wee elves are not immune to modern day pressures.

We can see evidence of Waterford making its annual Christmas statement, with the return of

Read More »

Facebook

Letters to the Editor

  • Our View

    As dry as the SaharaIt seems that whenever the weather in Ireland goes a little bit extreme, we are somehow incapable of dealing with it. It has already happened so far this year with the snow that totally disrupted the country for about a week and also later on when some areas in the country were flooded due to excess rain. Now it is happening again because we are having to deal with a level of sunshine that is virtually unheard of in the country. And a level of sunshine that is going on for a good numbe …

    read more »

Weekly Poll