Nolan Farrell & Goff LLP

The number of personal injury claims made to the Injuries Resolution Board last year rose 10%. However despite the increase, the total volume of claims at 20,263 remained 35% lower than in 2019. Motor liability claims were up 14% in number compared to a year earlier, public liability claims rose 3% and employers liability claims edged up just 1%. https://lnkd.in/ezRggkjr

Last month the Minister for Finance Jack Chambers launched a public consultation seeking stakeholder views on the tax treatment of interest in Ireland. This is part of a review by the Department of Finance on taxation, and deductibility, of interest by businesses in Ireland. https://lnkd.in/euNEY5j7

The Competition and Consumer Protection Commission (CCPC) has highlighted a consultation process recently opened by the European Commission on parts of EU competition law. The consultation covers draft guidelines produced by the commission aimed at clarifying the application of article 102 of the Treaty on the Functioning of the European Union (TFEU). The CCPC points out that EU competition law is mainly covered by articles 101 and 102, but that there are currently no guidelines on enforcing the latter. https://lnkd.in/eMVpCsva

Earlier this year after he was elected Taoiseach, Simon Harris requested a review of the current Stamp Duty. At the time, he suggested that the 10% rate had not been entirely successful in its goal of curbing the bulk buying of new homes needed for first time buyers. At the time, Mr Harris said there should be a review into the effectiveness of the tax. https://lnkd.in/eWk9nehC

From the start of September, Ireland will start applying more flexible work permit rules in a bid to meet labour market needs and retain the talent already in the country. The law that modernises the rules governing employment permits in Ireland came into effect September 2nd, 2024. https://lnkd.in/eenp5c8z

This summer legislation regulating assisted human reproduction (AHR) and surrogacy arrangements was approved by the Oireachtas. Only the biological fathers of children born via surrogacy have been recognised as the parents in Irish law. The mothers, or in the case of same sex male couples second fathers, have only been able to get guardianship of their children. Once the bill has been signed into law, these parents can apply to the High Court for parental orders to secure parentage. https://lnkd.in/eTxFW8Pg

Minister for Enterprise, Trade and Employment, Peter Burke TD, has secured government approval to commence drafting of the Miscellaneous Provisions Bill (Registration of Limited Partnerships and Business Names). The proposed Bill would repeal and replace the Limited Partnerships Act 1907 and the Registration of Business Names Act 1963. Both Acts require updating to provide for modern business practices for those engaged in business using a business name or the limited partnership model. https://lnkd.in/eFGhWFj3

The Government has published a bill aimed at protecting the role of cash in the Irish financial system. The Finance (Provision of access to cash infrastructure) Bill 2024 places obligations on the three main banks to provide access to ATMs and cash points. https://lnkd.in/eHiCCiCY

The Minister for Housing has signed an order putting into effect new legislation on tenancies and licences for student-specific accommodation. Darragh O’Brien said that the bill was a response to a move by some private accommodation providers to implement a 51-week occupancy model. https://lnkd.in/eagnSE9Z

The Society of Chartered Surveyors Ireland and the Law Society of Ireland have published a consumer guide which identifies the causes of delays when buying and selling a property in Ireland. The guide is primarily aimed at sellers but will also be of interest to buyers. Its aim is to speed up property sales, which is averaging at over four months, but can be much longer. https://lnkd.in/eyuwKm2W