Robert Shortt

Economics Correspondent

Inflation rose to 4.9% in August from 4.6% a month before, the CSO's flash estimate of the Harmonised Index of Consumer Prices shows

Inflation rises to 4.9% in August - flash estimate

An initial estimate for inflation, measured by the Harmonised Index of Consumer Prices (HICP), shows prices rose by 4.9% in the 12 months to August.

Business • 30 Aug 23

The report says €83.1 billion was collected in tax last year.

35% of corporation tax collected comes from ICT sector

A report from the Department of Finance has said 'the scale and speed' of any reduction in the presence of the ICT sector here 'could potentially have implications' for the State's finances.

Business • 24 Aug 23

This year's Tax Strategy Group paper on income tax included a discussion on refundable tax credits

Budget 2024: Will Government introduce third tax rate?

As the Tax Strategy Group papers are published, RTÉ's Economics Correspondent Robert Shortt considers the Budget options on the table and whether tinkering with Ireland's complicated tax system is the best choice.

Analysis and Comment • 22 Jul 23

Paschal Donohoe speakinga th the launch of the report (Pic: RollingNews.ie)

Govt working to tackle overspending in health budget

Minister for Public Expenditure Paschal Donohoe has said he is working "intensely" with Minister for Health Stephen Donnelly to tackle overspending in the health budget.

Business • 19 Jul 23

VAT on construction services in Ireland is already at a reduced rate of 13.5%.

VAT reduction on construction services considered

The Tax Strategy Group has considered reducing VAT on construction services and materials as part of the government's housing policy.

Business • 18 Jul 23

The Tax Strategy Group is comprised of officials and advisors from across different government departments.

TSG examines proposals to scrap PRSI min wage threshold

The Tax Strategy Group paper on Pay Related Social Insurance (PRSI) examines proposals to scrap the minimum wage threshold for paying PRSI as well as abandoning the lower employer PRSI rate.

Business • 18 Jul 23

Refundable tax credits could cost €1bn - TSG report

The Tax Strategy Group paper on income tax has examined the issue of refundable tax credits.

Business • 18 Jul 23

The CSO said that residential property prices in Dublin fell in May by 0.2% compared to the same time last year

Dublin home prices slow by 0.2% in May - CSO

Residential property prices in Dublin fell in May by 0.2% compared to May of last year, according to the latest figures from the Central Statistics Office.

Business • 18 Jul 23

The Council says that €250 million euro classified as 'windfall capital investment' in the Statement must be counted in core expenditure as this item is contained in each year out to 2026

IFAC: Govt to boost core spending by more than stated

The Irish Fiscal Advisory Council has calculated that the Government plans to increase core spending next year by €5.5 billion, some €250 million more than set out in the Summer Economic Statement published yesterday.

Business • 07 Jul 23

Figures from the Central Statistics Office show that prices fell by 16.2% in May compared to the previous month

Wholesale electricity prices fall to lowest in 2 years

Wholesale electricity prices continued to fall last month and are now back to levels not seen in two years.

Business • 22 Jun 23