SEPA (Single Euro Payments Area) Ready Software from Ardbrook

The first thing to say is that Ardbrook software is SEPA ready. So, if you want to move today from your current EMTS payments to SEPA payments we can help with the transition.

What is SEPA?

Parking Levy Shelved

It has been reported in the Irish Independent that plans to charge employees €200 for parking their car at their workplace have been shelved. According the Independent a goverment source said "It's definitely been put on the back burner now. In fact, I can't see it coming in at all.

Jobs Initiative

The Irish Minister for Finance, Michael Noonan, introduced a Jobs Initiative yesterday, designed to improve Irish economic competiveness and stimulate job creation. The Jobs Initiative included a number of measures dealing with business and employment taxes, including:

• Commitment to keeping the 12.5% Corporation Tax Rate
• Abolition of Employer’s PRSI charge on share based remuneration
• Temporary halving of the lower rate of Employer’s PRSI
• Amendment of the R&D tax credit regime to enhance flexibility in how companies can account for the credit
• Introduction of a new lower rate of VAT of 9% in respect of tourism-related services
• Air Travel Tax reduced to zero

The measures introduced in the Jobs Initiative have to be self-funding, and as widely flagged, the Minister has introduced a temporary levy of 0.6% on the capital value of pension funds to fund the above measures.