The European Communities (Protection of Employees on the transfer of Undertakings) Regulations 2003 (S.I.NO.131 of 2003) places a legal obligation on both the owners and the proposed purchasers in relation to Employees which transfer within a business. Regulation 8 imposes an obligation on the current owner of the business and the proposed purchaser to inform …
Due to the financial difficulties that many businesses are currently experiencing, many directors and shareholders of companies are tempted to simply abandon the company without arranging for the appointment of a liquidator to wind up the company. Members Voluntary Liquidation To place a company into a Members Voluntary Liquidation, the directors must follow a Summary …
S. 239 of the Companies Act 2014 governs the prohibition on loans from Irish companies to directors and connected persons. This Section sets out that a company shall not;- Make a loan or a quasi-loan to a director of the company or its holding company or to a person connected with such a director; Enter …
After 15 years of preparation, consultation and revision, a comprehensive new Companies Act was enacted on 23 December 2014. With nearly 1,500 sections and 17 Schedules, this is the largest piece of legislation ever enacted by the Oireachtas. It is expected that the bulk of the legislation will become effective on 1 June 2015. This …
In 2019, a number of Local Authorities issued Demand Letters for payment of the Vacant Sites Levy. The levy is charged at 3% of the market value for 2018 ( being the first year of the charge) and increases to 7% of the market value from and including 2019. The levy is payable annually in …
What is an Enduring Power of Attorney (EPA)? It is a document that allows you to appoint someone (an Attorney) of your choice to control your affairs should you become mentally incapacitated, for example through brain damage, Alzheimer’s disease, or other forms of dementia. Why should I have one? It ensures you are prepared should …
**This article has been updated in January 2020 as parts pertaining to the Family Act 2019 has been signed into effect ** Certain parts of the Family Law Act 2019 have recently been signed into effect by Justice Minister Charlie Flanagan. Parts I & II of the Act came into effect on the 1st of …
Are you thinking about buying a property with your partner? Cohabiting is the next step in a long term relationship. We all know buying a property can both be a happy and stressful time for you and your partner. There are a few practical steps that you should take to ensure the move in together …
Budget 2020 for the upcoming year was released at the start of the week. The main focus on the budget is preparing for a no-deal Brexit with a package worth 1.2 billion euro. We saw the usual increases in areas such as cigarette prices and cuts to prescription charges. Below is our list of the …
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