The Help to Buy Incentive (“the Scheme”) was introduced in October 2016 as part of the Finance Act, 2016 to assist first time buyers in pulling together their deposit to purchase or build a new house or apartment. It works by allowing eligible parties to claim a refund of income tax or DIRT paid over the previous four tax years and to use this refund as a contract deposit for the purchase of a new home.
19 Jun 2017
The 10 most notable changes introduced by the 2017 Companies (Accounting) Act that primarily relate to preparation, content and form of financial statements and filing requirements.
13 Jun 2017
A recent High Court decision has caused uncertainty as to whether lenders can appoint receivers over secured Land Registry property following a transfer of the charge and until such time as the transfer has registered in the Land Registry.
12 Jun 2017
The 4th Anti Money Laundering Directive (EU 2015/849) (the ‘Directive’) (replacing the 3rd Anti Money Laundering Directive (2005/60/EC)) being transposed into Irish law will no doubt cause privacy concerns for individuals who are the beneficial owner, but not registered as the legal holder, of shares in Irish companies.
06 Jun 2017
Order 26, rule 4 of the Rules of the Superior Courts provides that the High Court may stay proceedings if they are subsequent to previous proceedings for the same or substantially the same cause of action and the costs due by the Plaintiff in the previous proceedings have not been paid.
In a recent application Judge Barrett provided a written Judgment as the most recent case law available was a House of Lords decision on an appeal from the then Irish Court of Appeal in 1889 (M’Cabe (Pauper) v Bank of Ireland (1889) 14 App. Cas. 413).
18 May 2017
Do you own a vacant property? Is it in an area in need of housing? If so you may be subject to a charge of 3% of the market value of your property very soon.
18 May 2017