![]() Two US venture capital funds each committed more than $100 million, it said. ACMS valuationĪCMS International, a Limerick-headquartered global provider of environmental services software, has achieved a valuation of more than €1.3 billion after bumper fundraising last year, according to the Sunday Times. The Business Post said it had also learned that there is “considerable unrest” among Ministers as the scope for further budget measures has been threatened by the sizeable deficit at the HSE, with this situation worsening over the summer months. It will also raise the point at which people start paying the higher rate of tax as part of an expected €11 billion budget package next month, the newspaper said, citing conversations with six Government Ministers.Ĭutting the USC has emerged as the preferred taxation option within the Coalition as Minister for Finance Michael McGrath prepares to deliver his first budget since inheriting the portfolio from Paschal Donohoe. ![]() The Government is planning to implement the most significant cut to the Universal Social Charge (USC) since its introduction, according to the Business Post. ![]() Outgoing trade to the seven countries increased to almost €165.2 million last year, up from €92.8 million in 2019.Īccording to the Department of Enterprise, Trade and Employment, the countries have been identified by the EU as states in which there is a “risk of circumvention of the sanctions against Russia”. Exports to Kyrgyzstan, Armenia, Georgia, Kazakhstan, Azerbaijan, Turkmenistan and Uzbekistan have more than doubled since before the pandemic, it said, citing figures from the Central Statistics Office (CSO).
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