BizPlus Feature: Owen Sheehy, McInerney Saunders

BizPlus Feature: Owen Sheehy, McInerney Saunders

Fee income for the year to August 2018 rose by 14%. The firm has 47 staff, including 22 qualified accountants, 11 trainees, and two tax trainees.ACTIVITY We had growth across all our service lines last year, most notably in  advisory and outsourced managed services....
Credit Union Interest Rate Cap of 1% per month to be increased

Credit Union Interest Rate Cap of 1% per month to be increased

We welcome news that a recommendation of the Credit Union Advisory Committee (CUAC), that the ceiling of 1% per month which credit unions can charge on their loans be increased to 2%, has been accepted by Finance Minister Paschal Donohoe.The move will enable credit...
Hard Brexit Planning – Irish Company Law Considerations

Hard Brexit Planning – Irish Company Law Considerations

At McInerney Saunders we have seen a surge in recent months of UK companies establishing a subsidiary in the Republic of Ireland. This makes sense from a UK company’s perspective – in order to possibly provide access to the Common Market in the event of a hard Brexit...

CREDIT UNIONS TO ENTER THE MORTGAGE MARKET

We welcome news that credit unions are now entering the mortgage market in Ireland. The loan book has historically been one of the most significant assets on the credit union balance sheet. It is also the biggest source of income for credit unions.  We find that...