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Digital Convergence: Successful Business Strategies Need To consider Tax Impacts 26 February 2007 Irish TMT companies need to be aware of tax benefits available to them

Tax strategies can be a significant contributor to the success of businesses’ convergence process, says a report from the Deloitte Touche Tohmatsu (DTT) Technology, Media and Telecommunications (TMT) industry group. How a business addresses tax issues can make the difference between profit and loss in today’s rapidly evolving technology sector.

The DTT report, “Digital Convergence: Successful Business Strategies Need to Consider Tax Impacts,” asserts that convergence provides companies with insights required to capitalise on tax...

David Carson elected to board of Chambers Ireland 20 February 2007 Deloitte are pleased to announce that David Carson, partner in charge of M&A Transaction Services, has been elected to the board of Chambers Ireland.

Commenting on his appointment to the board, David Carson said, “I am delighted to take up this position with Chambers Ireland. The organisation runs a highly successful business network that provides valuable information and support to its members. I have been involved with the Dublin Chamber of Commerce for many years now and highly value the contribution that the Chamber movement makes to the business community. I now look forward to expanding my involvement within the...

New Director at Deloitte Pensions and Investments 13 February 2007 Stephen Mahon has today been announced as a director in Deloitte Pensions and Investments Ltd. In this role, Stephen will be a crucial part of the team responsible for dealing with Corporate Pensions, Defined Benefit Solutions and Pensions Due Diligence. Deloitte Pensions & Investments Limited (DPIL) offers a wide range of financial planning services to both corporate and private clients.

Stephen joins DPIL from BDO Simpson Xavier and brings 20 years experience in providing administrative and consultancy services to both group defined benefit schemes and defined contribution schemes to the role. Stephen also worked with Mercer...

Real Madrid stays at the top 08 February 2007

- Barcelona join their Spanish rivals in the top two -
- England has eight clubs in top 20 -

  • The Deloitte Football Money League shows the total revenue of the world’s Top 20 clubs is now over €3.3 billion
  • Real Madrid stays ahead of the competition...
Transfer spending remains buoyant, despite big clubs no show 01 February 2007 Transfer spending by Premiership clubs over the past month was over £60m, not quite reaching the record level of January 2006 (STG70m/EUR106m), but ahead of spending levels in each of the previous transfer windows according to analysis by Deloitte.

Dan Jones, Partner in the Sports Business Group at Deloitte, commented: “Despite the lack of recent transfer activity by some of the Premiership’s biggest clubs, player spending was still over STG60m/EUR91m in the January transfer window.  The prospect of enhanced broadcasting monies from next season has been a key driver for some clubs at both the lower end of the...

Employment Permits Act 2006: A tentative step in the right direction - Deloitte 24 January 2007
  • Deloitte Research reinforces the need for change in the immigration process
  • New arrangements do not go far enough in addressing labour shortages
    Questions remain over increased flexibility for workers
  • Measures to address employee rights welcomed but enforcement is key

The Employment Permits Act 2006 will alleviate some of the difficulties associated with the old employment permit application system and should address the length of time taken to process applications. However it does not go far enough in addressing labour shortages or in...

Ireland leading the way in Public Private Partnerships – Deloitte 22 January 2007
  • Ireland sophisticated in use of PPPs in transport
  • Potential for PPPs to improve health services

Ireland is a leading practitioner in the use of Public-Private partnerships (PPPs), a global Deloitte study entitled ‘Closing the Infrastructure Gap: The Role of Public-Private Partnerships’ has found. As more and more governments around the world are teaming with the private sector to design, build, finance and operate everything from roads and ports to hospitals and prisons,...

Deloitte appoints three new partners 17 January 2007 Deloitte has today announced the appointment of three new partners - Susan Birrell, Alan Flanagan and Cathal Treacy. Susan becomes a partner in the audit department, Alan in the consulting practice and Cathal becomes an audit partner in the Limerick office.

Commenting on the admission of the three into the partnership, Pat Kenny, Managing Partner said: “We are delighted to be in a position to appoint three new partners to the firm. The appointment of Susan and Alan in Dublin and of Cathal in Limerick reflects the strong growth of the firm throughout Ireland.”

Susan Birrell – Audit Partner

Susan...

Deloitte report identifies key trends for the technology, media and telecommunications sectors in 2007 15 January 2007 The Technology, Media and Telecommunications (TMT) practice at Deloitte today announced its predictions for the technology, media and communications sector for 2007, forecasting that the environment’s impact on technology and how it influences the conception, marketing and distribution of various technologies will be a key development.

In addition, it is forecasted that broadband appliances that do not need a PC will vastly increase Internet use in 2007. In the media sector it is predicted that social networking sites will tap into a larger profitable...

Corporates blame M&A for poor performance while overestimating their own capability - Deloitte 08 January 2007
  • Deloitte research shows private equity excels in the UK M&A market while corporate M&A teams lag behind
  • Target Irish companies need to be aware of the most professional UK suitors

Research announced by Deloitte, the business advisory firm, has found that in the UK private equity has become hugely successful in defeating corporates in auctions, winning 74 per cent of bids compared with only 30 per cent five years ago, as a result of better execution rather than paying more.  By contrast, over half of companies in a turnaround...

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