From the Professional Accountancy team A new service, the EU Sanctions Helpdesk was established in  March 2025. The service is funded by the European Union and will support European SMEs in complying with sanctions. In August 2025 the helpdesk published a new guide on ownership and control in EU sanctions compliance .It details the rules about a Listed Person owning or controlling an entity, what ‘ownership’ of an entity and ‘control’ of an entity means and there is also some discussion of firewalls about which see more on our Technical hub sanctions pages .   This information is provided as resources and information only and nothing in these pages purports to provide professional advice or definitive legal interpretation(s) or opinion(s) on the applicable legislation or legal or other matters referred to in the pages. If the reader is in doubt on any matter in this complex area further legal or other advice must be obtained. While every reasonable care has been taken by the Institute in the preparation of these pages, we do not guarantee the accuracy or veracity of any resource, guidance, information or opinion, or the appropriateness, suitability or applicability of any practice or procedure contained therein. The Institute is not responsible for any errors or omissions or for the results obtained from the use of the resources or information contained in these pages.  

Retirement is one of the biggest transitional periods than anyone can go through with almost every aspect of our life changing. Suddenly you are met with a massive shift in your pace of lifestyle. While many of us may embrace the change, retirement can be a time of great upheaval physically and emotionally.  With this in mind, it is important to plan and prepare for the change ahead as you embark on this transitional life stage.  A long and fulfilling retirement isn’t just about a pension plan, it also about planning for your lifestyle shift. Without a plan in place, the initial novelty of retirement can wear off pretty quickly, leaving you to struggle to adapt to your new way of life.  Routine & schedule Adjusting to retired life is not something that happens overnight, and it may take a while to adapt. So do try to remember that like any big change in life, it'll take time for you to become accustomed to what comes with retirement. When working we have an imposed schedule and structure but once the 9 to 5 comes to an end, it can be incredibly difficult to fill all the extra hours you now have at your disposal. Across all stages in life, structure and routine are key habits that lead to good wellbeing. It may be tempting to fill your days with laze and leisure which is novel and exciting at first, but feelings of boredom or restlessness can creep in especially if you have been used to a busy schedule. You may want to define some specific routines to maintain order, predictability, and structure. In the run up to your retirement, take some time to consider what your day, week or month will look like. Stay active Staying active through exercise will help keep you healthy both physically and mentally and prolong your life. But it is also important to keep your mind active too. Ongoing learning can help keep you mentally sharp by getting you in the habit of staying mentally active. Having less structured days allows you to take up a new hobby or learn skills and feeds into the need for routine and schedule. Retirement is a great time to discover old and new passions that you felt you didn’t have the time for before.  Taking up a course or classes in your local college, learning to play an instrument, or another meaningful activity that you can enjoy and engage with can keep you mentally fit. The mantra ‘use it or lose it’ most definitely applies here! Connection As we transition from the workforce, our social circle can diminish due to our daily interactions reducing, and unfortunately loneliness becomes more common as we get older. Loneliness has a detrimental impact on our health and wellbeing and may significantly increase the chances of poor health. Research found that older adults with a good social life tend to live longer than those who are more isolated and happier retirees were found to have more social interactions. So, whether you are married or single, an introvert or an extrovert, maintaining strong social connections is critical. It is important to keep in contact with friends and connect with your work circle as much as possible. Certain activities can also present opportunities for you to meet new friends or other retirees with similar interests. Taking a new class, joining a book club, participating in your local community centre, or joining an exercise group are just some of the many ways you can stay connected. There is also a wealth of benefits from spending time with grandchildren, it helps you to keep active, improves cognitive skills and can lower the risk of depression. Purpose For many, our sense of purpose can be wrap in what we do for living and measure our success only through our professional lives. Once we leave the workplace, there may be a need to find meaning to fill that void and reinvent your purpose in life. Outside of your profession, try and identify what gives your life meaning and purpose and makes you happy. Retirees have a unique insight and wisdom gained from a lifetime's worth of skills, expertise and competencies that could be of benefit elsewhere and this could mean using talents in service to others. Mentoring and volunteering are fulfilling paths for retirees. Retirees can gain meaningfulness and social and emotional benefits from mentoring and volunteering. But whatever you do in retirement it is important to see this time as an opportunity to live out the second half of your life purposefully. Thrive is the Institute's dedicated wellbeing service that provides a range of supports to members and students for life. If you are struggling to adjust to retirement, our in-house wellbeing team can help. 

Earlier this week, the Government published its Action Plan to Support Market Diversification. With Irish businesses facing the unprecedented trading challenges posed by US tariffs, the plan’s scope, with more than 100 actions, certainly reflects the scale of the task ahead and the need for a coordinated national response. The plan also signals a re-commitment of policy focus toward supporting indigenous enterprise, something this Institute is strongly in favour of. With two-thirds of our almost 40,000 members working in business, many are directly engaged with Ireland’s SMEs. While foreign direct investment continues to constitute a key part of Ireland’s economic mix, these home-grown businesses (particularly SMEs) form the backbone of the Irish economy. Ensuring they are equipped to diversify, innovate, and compete internationally should rightly now be a primary policy objective.   In this regard, the plan’s commitment to “deepen agency support for companies seeking to diversify their export markets” and “cultivate new market opportunities, both within the EU and globally” will be welcome news to aspirant businesses seeking to extend their reach beyond the domestic trading space. Moreover, the establishment of a new “Market Diversification and Resilience Fund” will provide targeted assistance to both indigenous and multinational businesses most impacted by the trade difficulties brought about by tariffs. By next year, a new Trade and Investment Strategy will be published which will reflect these new approaches and position Ireland globally for the challenges of the future. For the action plan to succeed meaningfully, supports must be designed with accessibility in mind. Chartered Accountants Ireland’s May 2025 SME Business Sentiment Survey conducted with GRID Finance highlighted how many SMEs find existing Government supports either too time- or resource-intensive to access, leading to lower than anticipated levels of uptake. While the breadth of supports is positive, further steps need to be taken to ensure that business reliefs are not overly complex or difficult to claim. Simplifying application processes and reducing administrative burdens will be key to ensuring that any new supports reach the businesses that need them most. The action plan also speaks to an intention to fast-track visa options to allow for quicker entries of skilled workers needed in high-demand sectors. Talent is a critical driver of competitiveness, and faster entry routes will be welcomed across many industries, including the accountancy profession. Chartered Accountants, already included on the Government’s Critical Skills List, are among the most in-demand professionals whose expertise will be essential to guiding businesses through the current uncertain landscape. Our research consistently shows that in times of economic uncertainty, Chartered Accountants are heavily relied upon to help businesses navigate crises. We fulfilled this important role as trusted business leaders during the Brexit transition, the COVID-19 pandemic, and more recently, during the cost-of-living crisis. Any new fast-track visa scheme should therefore reflect the importance of Chartered Accountants alongside other in-demand skills. Overall, this week’s announcement represents a positive, whole-of-Government approach toward safeguarding Ireland’s economic resilience. The challenge now is to ensure that ambition translates into action, and that the supports offered are not only comprehensive, but also genuinely accessible and impactful for the businesses that rely on them. We will continue to analyse the detail coming out of the action plan, keeping members informed of further developments and ensuring your interests are represented.

"Often called the 'second new year,' due to the significant shift in routine and the start of a new academic year. The new school term brings a fresh rhythm and renewed energy. It’s a natural opportunity to reset, embrace new routines, and cultivate positive wellbeing habits that can support you through the winter. Here, Chartered Accountants Ireland’s Intern, Sophie King, outlines how you can focus on wellbeing this coming autumn.   We all know taking care of ourselves is important, but between work, family and life, it’s not that easy. Wellbeing and self-care can seem like buzzwords, just thrown around to make things more appealing, but it is so important to look after ourselves and our mental health. Self-care is an essential aspect of maintaining overall wellbeing. By prioritising self-care, we can improve our mental and physical health, increase resilience, and enhance our quality of life. Check out the techniques below that could be your new favourite! Relaxation techniques Relaxation techniques are an effective way to reduce stress and anxiety. Deep breathing exercises and mindfulness meditation can help calm the mind and body. Progressive muscle relaxation is a relaxation method that is not often talked about, it is a technique that involves systematically tensing and then releasing different muscle groups in the body to promote relaxation. This method helps individuals become more aware of the difference between muscle tension and relaxation, ultimately reducing overall stress and anxiety. Have a go at this technique, all you have to do is tense and then slowly release each muscle group in your body, starting from your toes and working up to your head. These techniques can be practiced anywhere, at any time, making them a convenient addition to your daily routine. By incorporating relaxation techniques into your daily life, you can better manage stress and improve your overall wellbeing. Hobbies and Interests Engaging in hobbies and interests can bring a sense of purpose and enjoyment to your life. Whether it's painting, playing music, or gardening, making time for activities you love can help reduce stress and increase feelings of happiness. It can be easy to let ourselves get overwhelmed by work and life, but engaging in something that interests you can distract you from these stresses and recentre the mind. Don’t be discouraged if you try a new hobby and it does not go your way at first, perseverance is key! Learning new skills or improving your hobbies can grow your confidence and self-esteem. Hobbies and interests can also provide opportunities for social connection and personal growth, further enhancing your overall wellbeing. Unwinding with a Relaxing Bedtime Routine A consistent bedtime routine can help signal to your body that it's time to sleep, improving the quality of your rest. Activities like reading, taking a warm bath, or practicing gentle stretches can help calm your mind and body, preparing you for a restful night's sleep. By prioritising a relaxing bedtime routine, you can improve your sleep hygiene and wake up feeling refreshed and revitalized, because no one can be positive when they are tired, no matter how much coffee they consume. The Benefits of Gratitude Journaling Gratitude journaling is a powerful tool for cultivating a positive mindset. By reflecting on the things you are grateful for each day, you can shift your focus away from stress and anxiety and towards the good things in your life. This practice can help increase feelings of happiness and wellbeing and can even improve your relationships with others. To use it effectively, write down three things you are grateful for each day. This helps shift focus to positive aspects of your life. The Kindness Connection Engaging in acts of kindness can have a profound impact on both the giver and the receiver. Whether it's volunteering, donating to a good cause, or simply offering a kind word to someone in need, acts of kindness can increase feelings of empathy and compassion. Engaging in acts of kindness can release endorphins or “feel good hormones,” additionally, practising acts of kindness can increase your feelings of compassion and understanding towards others. By incorporating acts of kindness into your daily life, you can cultivate a sense of connection and community, further enhancing your overall wellbeing. It can be hard to get into this mindset, so start small, open the door for someone, or hold the elevator. The trick is to be consistent; in doing so you make it a habit, and it becomes part of your daily routine. When you get in the mindset, you will automatically look for opportunities to help others, whether it’s at work or at home. So, pay attention to the impact your kindness has on others and on yourself, it might just make your day. Prioritise your wellbeing By incorporating these self-care practices into your daily life, you can take a proactive approach to nurturing your mind, body, and soul. Whether it's relaxation techniques, hobbies and interests, a relaxing bedtime routine, gratitude journaling, or acts of kindness, there are countless ways to prioritise your wellbeing. By making self-care a priority, you can improve your overall quality of life and cultivate a deeper sense of happiness and fulfilment. This article was written by the Institute's DCU Intern, Sophie King, on behalf of Thrive. Sophie is currently studying Communications in DCU. In partnership with DCU's Access to the Workplace programme, the Institute hosted Sophie as part of its professional summer internship placements.  For more advice or information, contact the team by email at: thrive@charteredaccountants.ie  or by phone: (+353) 86 0243294. 

On 18 July 2025 the EU adopted its 18th package of sanctions against Russia. The European Council writes that the package focusses on five building blocks: cutting Russia's energy revenues, hitting Russia's banking sector, further weakening its military‑industrial complex, strengthening anti‑circumvention measures, and holding Russia accountable for its crimes against Ukrainian children and cultural heritage. The 18th package includes energy measures, financial measures ,trade measures Anti‑circumvention measures ,targeting Russia's military capabilities and supply chains ,Russia's accountability, measures to protect member states from arbitration and new measures against Belarus. You can read more details on the 18th Package on the European Council webpage (see link above which has links to the various legal acts to bring the 18th package into force. This information is provided as resources and information only and nothing in these pages purports to provide professional advice or definitive legal interpretation(s) or opinion(s) on the applicable legislation or legal or other matters referred to in the pages. If the reader is in doubt on any matter in this complex area further legal or other advice must be obtained. While every reasonable care has been taken by the Institute in the preparation of these pages, we do not guarantee the accuracy or veracity of any resource, guidance, information or opinion, or the appropriateness, suitability or applicability of any practice or procedure contained therein. The Institute is not responsible for any errors or omissions or for the results obtained from the use of the resources or information contained in these pages.      

Your mental wellbeing is about your thoughts and feelings and how you cope with the ups and downs of everyday life. It's not the same thing as mental health, although the two can influence each other. Long periods of low mental wellbeing can lead to the development of diagnosable mental health conditions such as anxiety or depression. If you're living with a mental health condition, you may experience low mental wellbeing more often, but there will also be long periods where you're able to maintain good mental wellbeing. What does good mental wellbeing look like? Importantly, good mental wellbeing is NOT the absence of negative thoughts and feelings. We all face difficult and challenging situations that cause us to feel angry, sad, overwhelmed and everything in-between. Instead, it's about being able to understand and manage those feelings, so that generally you're able to: feel confident in yourself build and maintain positive relationships have a sense of purpose live and work productively cope with the normal stresses of day-to-day life manage when things change What can affect your mental wellbeing? Our mental wellbeing is often affected by big life events that we have little or no control over such as bereavement, illness, or redundancy. In these situations, it's about how we respond - our behaviours and habits - that will determine the impact on our mental wellbeing. For example, do we tend to reach out for support or withdraw? Do we assume the worst or remain open to new opportunities? It's here that our level of resilience comes into play. Resilience is your ability to cope with change and adversity. By strengthening your resilience, you're better able to maintain good mental wellbeing through all of life's ups and downs. There are also factors that influence our mental wellbeing, which we can control. 1. Our relationships Strong connections with friends, family and colleagues help to strengthen our confidence and self-esteem. 2. Our physical health Through good nutrition and regular physical activity, we can boost our energy levels, improve our confidence, and relieve stress. Small changes make a big difference.  3. Our emotional health Practicing mindfulness can help you understand and manage strong emotions so that rather than feeling overwhelmed, you're able to approach difficult situations with a sense of calm and clarity. The big picture At Thrive, our vision is for all members of the chartered accountant community to live happy, healthy and fulfilled lives. The key to this is empowering you to take care of your own mental wellbeing. Because when you don't feel quite yourself, other areas of your life are affected too. Our services can help you balance all aspects of your wellbeing, so you can live the life you want to.  Article reproduced with the kind permission of CABA, the organisation providing lifelong support to ICAEW members and students.

  In this week’s Sustainability/ESG Bulletin read about a sustainability workshop for small-to-medium businesses and accounting practices, a new report recommending that the Irish government connect people to the energy transition, the consultation on the ESRS exposure drafts, and the usual articles, resources and upcoming events.   Chartered Accountants Ireland SMEs and Small/Medium Practices Sustainability Workshop (ROI/NI) Chartered Accountants Ireland is delighted to announce it is once again running its sustainability workshop for small/medium enterprises (SMEs) and accounting practices. This interactive half-day session will focus on positive actions you can take to make your business or practice more sustainable, and help your clients to do the same. Aimed at SME owner-managers and accountants in small/medium practices, and consultants, the webinar will cover sustainability basics, green public procurement, access to sustainable finance, how to make your business or practice more sustainable to save costs and respond to stakeholder demands, and grant funding available to SMEs. The workshop will be delivered via Zoom on 12 September from 09.30- 12.30. Full details, including the booking page and CPD hours, are on the Chartered Accountants Ireland CPD calendar.  Sustainability-focused specialist qualifications Chartered Accountants Ireland has launched its Autumn/Winter programme offering, which includes sustainability-focused Specialist Qualifications: Diploma in Sustainability Reporting (Starting 25 September) Diploma in Auditing and Assuring Sustainability Reporting (Starting 25 September) Certificate in Sustainability Strategy, Risk and Reporting (Starting 7 October) NEWS NESC report recommends connecting people to the energy transition   A new report from the advisory council of the National Economic and Social Council (NESC) has advised that action must be taken to deliver the required large-scale transformation of Ireland’s energy system. The report, Connecting People to the Energy Transition, finds that while the energy transition is technically underway, its meaning and impact for individuals, households and communities remains unclear. The specific ‘ask’ of the people in Ireland regarding the transition has yet to be clearly defined. The report recommends action on five broad areas (including energy affordability, resilience, local production and scalability) in order to better connect people to a changing energy system so that it is just and inclusive.   EFRAG shares revised ESRS exposure drafts and launches 60-Day public consultation EFRAG, the EU Commission’s technical advisory body for sustainability reporting, has published the revised and simplified Exposure Drafts of the European Sustainability Reporting Standards (ESRS). It has launched a public consultation to gather feedback from stakeholders across the EU corporate reporting ecosystem. The step follows the European Commission’s Omnibus initiative and its formal request to EFRAG in March 2025 to deliver a critical simplification to the ESRS adopted in 2023. The objective is to make sustainability reporting under the Corporate Sustainability Reporting Directive (CSRD) more manageable while preserving its relevance and alignment with the European Green Deal. The public consultation runs until 29 September 2025 and stakeholders – including preparers, auditors, civil society, investors, and national authorities – are invited to review the revised drafts and share their views. EFRAG will organise or co-organise outreach events throughout September and October, gathering further feedback ahead of its final technical advice to the European Commission, due by 30 November 2025. In parallel, EFRAG is also performing a cost benefit analysis and targeted field tests which are also open to participation from stakeholders. Resources A deep dive into the 6 big simplifications in the new ESRS (David Carlin's Risk & Resilience: Navigating a Changing World)  Did you know? There is a #ClimatePerks Community that supports a shift towards low-carbon leisure travel by offering employees paid time off for flight-free holidays. Business in the Community Ireland (BITCI) is the first organisation in Ireland to be onboarded, and is calling on other organisations to join them in what is becoming a  growing movement for climate-positive travel. “Why? Because although fewer than 1 in 5 people globally have ever flown, aviation is one of the fastest-growing contributors to climate change. We believe employers have a role to play in enabling more sustainable choices – and that’s exactly what this policy is about.  Whether it's taking the ferry to France or a scenic train through Europe, we're encouraging our team to choose cleaner travel options – without using up their annual leave to do so. This is more than a benefit – it’s a culture shift. We know that behaviour change spreads through social networks – including the workplace – so we’re starting conversations, sharing stories, and showing what climate leadership can look like in everyday decisions.” Find out more about Climate Perks  Articles Hedge Funds Flip on Green Energy and Start Betting Against Oil (Bloomberg - Subscription) Investments in climate risk mitigation deliver strong returns, CDP finds (FT – Subscription needed) Carbon credits: The dark heart of the climate ‘solution’ that simply does not work (Irish Times) In Hawaii, New Tourism Tax Aims to Offset Costs of Climate Change (Bloomberg) TNFD study lays bare financial materiality of nature risks (ICAEW Insights) Sustainability policies are a key deciding factor for half of jobseekers (Irish Independent)  Events Business for Biodiversity Ireland,  Webinar: Introducing the Nature-Based Enterprise This webinar on new market opportunities in nature-based solutions will bring together communities of nature-based enterprises, working with and for nature, delivering nature-based solutions helping to address business dependencies and risks from nature loss and climate change.  Whether you are interested in benefiting from nature-based solutions to climate adaptation, developing new products and services, you are a start-up business in this area, or you will have businesses like these in your supply chain, this webinar provides a good understanding of how your business can participate in the nature positive economy and go nature positive!  Virtual (Teams), 20 August, 12-1pm UN Global Compact (Swiss Network) Managing Risks in Supply Chains: When On-Demand Labour Becomes Forced Labour How does your business model and sourcing strategy cause or contribute to social and environmental risks along your value chain; and how exposed are your business activities to risks embedded in your purchased goods and services?  This series of webinars (convened by the UNGC’s Swiss Network) will take you through innovative approaches to conducting risk assessments and gaining actionable insights that can then be addressed through collaborative, data-driven approaches with measurable results. Using a case study approach the Equiception team will share their experiences in multiple economic sectors and regions of the world with a special focus on decent working conditions, forced labour and child labour.  Webinar, 28 August 2025 | 12:30-14:00 UN Global Compact Network, EU Omnibus Webinar - Briefing for Business on Supporting a Risk Based Approach The UN Global Compact Network are inviting UNGC participants to this briefing session, delivered by Shift, for companies that want to support and advocate for a risk-based approach to due diligence in the proposed EU Omnibus legislation. Register here.  Virtual, Thursday 28 August, 09:00  Business in the Community, Accredited carbon literacy training This Accredited Carbon Literacy Training session event is hosted by Business in the Community Northern Ireland, and aims to equip participants with the knowledge and skills to understand and act on climate change, helping organizations reduce their carbon footprint. The training is certified and designed to support sustainability leadership across sectors.  In person, Wednesday, 3 September 9:00 - 17:00, Craigavon Civic Centre, 66 Lakeview Rd, Craigavon BT64 1AL ICAEW, Sustainability in Practice A morning of expert-led discussion, practical exercises, and peer learning—all focused on helping you build and deliver impactful sustainability services. In person, 3 September, 8.30-12.00, Chartered Accountant Hall, Moorgate Place, London, EC2R6EA UN Global Compact Network, EU Sustainability Navigator Session 3 - Business Action Amid Uncertainty: EU Sustainability Insights During this session, sustainability experts will explore the latest EU policy shifts — clarifying common misinterpretations, outlining ways to ensure corporate action, impact and ambition remain high, and placing these debates within the wider global sustainability landscape. Join us to hear the latest on ongoing negotiations, to explore how EU sustainability policy discussions align with and respond to wider global political and economic shifts and how companies can lead, engage, and stay ahead in a fast-evolving policy landscape. Virtual, Thursday 4 September at 15:00 UN Global Compact, UN Women, Women's Empowerment Principles 101 Hosted by the UN Global Compact and in collaboration with UN Women, this webinar will provide an overview of the Women’s Empowerment Principles (WEPs) and how the WEPs provide a strong framework for companies to advance gender equality in the workplace, marketplace and community. Speakers will also provide practical guidance for implementation and insights into the benefits of advancing gender equality in business practices. Participants will have the opportunity to engage with experts and learn best practices to support women’s empowerment initiatives within their organizations. Virtual, Wednesday 10 September at 14.00 UN Global Compact (Swiss Network) Managing Risks in Supply Chains: Does High Quality Equal Compliance? The case of surgical goods made by children This is the third and last session of our three-part webinar series on 'Managing Risks in Supply Chains: A Series for Data-Driven Action'. This last session focuses on the case of surgical goods made by children. Are high-quality goods more likely to be produced in high-quality facilities? The value chain of surgical instruments proves otherwise. Children can be found grinding "Made in Germany" scalpels in informal sector workshops in Pakistan. Worse, this situation has been repeatedly exposed over three decades. What can companies learn from this case and how can public and private procurement and sourcing professionals avoid similar risks?  Webinar, 18 September 2025 | 12:30-14:00 Dublin Chamber, Sustainability Academy Workshops This autumn, for the first time, all Sustainability Academy workshops will take place in person at Dublin Chamber, 7 Clare Street, Dublin 2. Dublin Chamber is offering a special rate of €420 for those who register for the full series of five workshops (normally €495). This includes a free one-hour tailored advisory consultation with a sustainability expert from Goodbody Clearstream. Whether you're new to sustainability or looking to build on existing knowledge, this series provides a structured way to learn what matters and apply it in your role. Venue: Dublin Chamber, 7 Clare Street, Dublin 2 Sustainability 101 – ESG in Practice, Thursday 25 September, 9am-1pm Environmental Strategy Bootcamp – Carbon Footprint & Decarbonisation, Wednesday 8 October, 9am -1pm Strategic Sustainability Leadership, Wednesday 5 November, 9am -1pm Sustainable Business Practices – Strengthening Customer Connections, Wednesday 26 November, Time: 9am -1pm Internal Sustainability Integration – Building a Sustainable Workplace Culture, Thursday 4 December, Time: 9am -1pm   Climate Cocktail Club, Climate Carnival Blending business, innovation, finance, music, activism and science for bold brave leadership, this pioneering two-day event for changemakers aims to inspire, entertain and explore radical and creative solutions to drive planetary impact now. In person, 29 – 30 Sept | Ballintubbert House, Ballintubbert House, Stradbally, Co. Laois, R14 E954. Diversity Mark, Diversity Mark Annual Summit 2025 This event will explore how diversity and inclusion can drive sustainable business growth, gathering over 300 business leaders, executives, and inclusion advocates for a full-day programme featuring keynote speakers and breakout sessions. It aims to equip attendees with practical strategies to create more inclusive workplaces and foster meaningful change across sectors. In person, October 2025, Titanic Belfast # An Taisce, Climate Action Week Climate Action Week is Ireland’s largest pop-up climate festival, and has been coordinated by An Taisce since 2017. On behalf of the Department of Climate, Energy and Environment the 9th festival will bring nationwide spaces that champion local planet protectors and welcome solution seekers to events that tackle the climate crisis in exciting and empowering ways. 13 – 19 October 2025 Sustainability Centre You can find information, guidance and supports to understand sustainability and meet the challenges it presents in our online Sustainability Centre.  

Insomnia is a sleep disorder in which you have trouble falling and/or staying asleep. It is suggested that 42% of Irish adults have a mental health disorder, with insomnia cited as the most common disorder experienced by adults in Ireland at 15%. Here, the Thrive wellbeing team explains insomnia, the symptoms, causes and tips to help you get a better night's sleep. Insomnia means you have problematic sleep habits. How much sleep an individual needs varies from person to person, but on average adults need 7-9 hours of sleep per night. If you are experiencing constant tiredness throughout the day, you are probably not getting enough sleep. Symptoms Insomnia can affect people on a short-term basis (less than 3 months). Insomnia that lasts 3 months or longer is classified as long-term insomnia. Insomnia symptoms may include: Difficult falling asleep A pattern of interrupted or broken sleep that doesn’t refresh you Waking too early Daytime tiredness and sleepiness Find it hard to nap during the day even though you're tired Difficulty paying attention, concentrating, or focusing on tasks Increased forgetfulness Irritability, depression, or anxiety What causes insomnia? Insomnia can be the primary problem but usually is a result of other factors that disrupt sleep. Therefore, treating the underlying causes can help improve insomnia symptoms. Common causes of insomnia include: Stress Irregular sleep schedule or poor sleeping habits Mental health disorders such as anxiety or depression Physical illness or chronic pain Travel or work schedules Lifestyle choices e.g., heavy reliance on stimulants such as alcohol, caffeine, or nicotine Age and life stage - older adults and those going through menopause have a higher susceptibility to chronic insomnia A combination of these factors can trigger or exacerbate insomnia, while poor sleep can initiate or worsen other health conditions, creating a vicious and complex cause and effect situation. Risk factors   During sleep, the body heals and restores itself, our brain forges new pathways and connections that helps with memory retention.  This is the time our bodies needs to carry out important functions to ensure we are running smoothly and effectively. When we continually don’t get enough sleep, it can have serious health effects over time. Science has linked poor sleep and insomnia to a multitude of health problems. A lack of sleep over time can increase the chances of developing a number of conditions such as a weakened immune system, obesity, high blood pressure, stroke, heart disease among other issues such as increased risk of accidents and errors, poor memory and performance and difficulty regulating our emotions. How you can treat insomnia yourself It's not always possible to prevent insomnia, but good sleep habits can help improve it and promote sound sleep. When trying to get your sleep cycle on track, the first place to start with is where you sleep. Make sure your room is dark and quiet, not too cold or warm and make sure your mattress, pillows and covers are comfortable. Create a good bedtime routine that helps you relax and get in the mood for sleep. Relax at least 1 hour before bed and only go to bed when you feel tired, limiting the use of technology and bright lights can help too. Try to maintain roughly the same schedule for sleeping, you should aim to go to bed and wake up at the same time every day, even on the weekends. Exercise regularly and get some sunlight most days. Sun exposure helps regulate the body’s internal body clock and promotes sleep at night, while exercise influences sleep efficiency on both a physical and mental level. Insomnia can seriously affect your mental and emotional health along with physical wellbeing. If your sleep is impacting your day-to-day life and a change in sleeping habits haven’t work, you should consult your GP. Thrive can also help you on your journey to better sleep. For advice, wellness coaching or counselling, contact the team by email at: thrive@charteredaccountants.ie or by phone: (+353) 86 0243294

On 27 September 2025 taxpayers and agents will be unable to create or renew a ROS certificate due to essential maintenance by Revenue. Taxpayers and agents will still be able to access ROS services with existing ROS certificates during this period.

As part of a broader project to modernise its payment and banking processes, Revenue is updating its direct debit system.  Phase 1 of the project includes the cessation of the fixed direct debit (FDD) payment option, the expansion of the variable direct debit (VDD) for current VAT liabilities, and the introduction of a new Payment Hub on ROS. The new functionality for Phase 1 is now complete and is accessible via the ‘Payments and Refunds’ panel on the ROS home page. As a consequence of the cessation of the FDD option for VAT payments, VAT returns can no longer be filed on an annual basis. Revenue is contacting affected taxpayers, and their agents, as they approach the end of their annual VAT period to ensure a smooth transition to the VDD and revised filing requirements. All income taxpayers paying preliminary income tax by direct debit have been migrated by Revenue to the new direct debit facility on ROS. Revenue will shortly write to the relevant taxpayers, and their agents, to notify them of the new direct debit mandate number. Revenue has confirmed that no action is required by the taxpayer or their agent at this time. Revenue provided a note to the Institute setting out more information on Phase 1 and you can read that here.

UK Parliament has published a draft of the Companies (Directors’ Report) (Payment Reporting) Regulations 2025 (“Regulations”). It has also published a draft explanatory memorandum. The purpose of the draft Regulations is stated to be to make changes to reporting requirements to require large companies to report information about their payment practices and performance within directors’ reports. For further information on company size thresholds please click to access the Institute webpage on UK company thresholds. The draft Regulations when enacted will require the directors' report to include items such as the payment period specified in a company’s standard payment terms in its qualifying contracts between it and its suppliers. Where there are variations to standard payment terms, details of the variations and notifications/consultations with suppliers before making the variation should also be reported. Details should also be included about payments made including percentages and total sums not made within the company’s payment period. See the draft Regulations for full details. “Qualifying contracts” are defined in the draft Regulations, and the definition relates to exclusion of contracts for financial services and other terms dealing with the choice of law of the contract. The draft Regulations are stated to come into force on 1 January 2026 and will have effect in respect of a company’s financial year beginning on or after 1st January 2026. This information is provided as resources and information only and nothing in these pages purports to provide professional advice or definitive legal interpretation(s) or opinion(s) on the applicable legislation or legal or other matters referred to in the pages. If the reader is in doubt on any matter in this complex area further legal or other advice must be obtained. While every reasonable care has been taken by the Institute in the preparation of these pages, we do not guarantee the accuracy or veracity of any resource, guidance, information or opinion, or the appropriateness, suitability or applicability of any practice or procedure contained therein. The Institute is not responsible for any errors or omissions or for the results obtained from the use of the resources or information contained in these pages.    

Readers may find interesting the Irish Revenue Commissioners e brief on Taxation of Partnerships dated July 2025. In addition to providing guidance on the taxation of partnerships, the e brief describes the background to partnerships, the 3 types of partnership available under Irish law which are general, limited and investment limited partnerships. It also details the main types of partners, general partners, salaried partners, fixed share partners and limited partners and gives some information on joint and several liability.   This information is provided as resources and information only and nothing in these pages purports to provide professional advice or definitive legal interpretation(s) or opinion(s) on the applicable legislation or legal or other matters referred to in the pages. If the reader is in doubt on any matter in this complex area further legal or other advice must be obtained. While every reasonable care has been taken by the Institute in the preparation of these pages, we do not guarantee the accuracy or veracity of any resource, guidance, information or opinion, or the appropriateness, suitability or applicability of any practice or procedure contained therein. The Institute is not responsible for any errors or omissions or for the results obtained from the use of the resources or information contained in these pages.