Welcome to Luke O’Malley & Co. Chartered Accountants
Luke O’Malley & Co was established in 1988 with the objective of providing auditing, accounting, tax services and financial advice to the business community.
Since then the business has grown thanks to the on-going support of our clients many of whom recommend us. We endeavour to provide a personal, professional and practical service to meet our clients’ needs. Our practice is staffed by fully qualified personnel and we pride ourselves on keeping up to date in all areas in which we give advice. We focus on providing a quality and personal service to all our clients.
New MSD drug plant in Dublin gets nodJune 22, 2018
Pharmaceutical giant MSD – part of the US group Merck – has been given the go-ahead for plans to build a new biologics facility in Swords, Co Dublin, that will employ 350. MSD has said that number could rise in the future. An average of 700 construction workers will be involved in the project, hittingRead More...
The Big Tech Show: Why are we freaking out...June 22, 2018
How has it come to a situation where a big tech company announcing 1,000 new jobs is freaking people out? This week’s Amazon jobs announcement has led to a backlash from people who feel it will put extra pressure on rents and infrastructure in the capital. Where will they live?” “Oh great, even higher rents…”Read More...
June 19, 2018
A new property search engine, Perfect Property, has revealed the budget of the average house hunter in Dublin. According to the site, the average house hunter in Dublin has a budget of €315,000 for their prospective home. However, there are some exceptions, with 4pc of Dubliners having a budget of €1m and 1pc having aRead More...
Nama surplus for taxpayers forecast to reach...June 19, 2018
Nama will deliver a €4.5bn surplus over its life – around €1bn more than its own latest estimates, according to Investec. Last year the State’s bad bank redeemed the last of its €32bn startup costs, so the balance left when it is wound up will be returned to taxpayers and in effect goes to reduceRead More...
Tesla plans to cut 9pc of workforce, says...June 14, 2018
Elon Musk’s electric car maker Tesla is cutting about 9pc of its workforce, Mr Musk said yesterday, as it seeks to reduce costs without endangering the critical ramp up of production of its Model 3 sedan. Tweeting pictures of an email he said had been leaked to media, Mr Musk said that the cuts wereRead More...
‘Do you have that fiver for me?’...June 14, 2018
We’ve all been there – a tenner borrowed here, a fiver owed there. It can be hard to keep track when you owe it – and mortifying to have to ask for it back when you don’t. Digital payments giant PayPal thinks it has the answer. It is throwing down the gauntlet by scrapping feesRead More...
Irish Ferries to take further hit of €4m...June 13, 2018
The announcement from Irish Ferries operator ICG of another delay to the delivery of the W.B. Yeats ship is set to hit earnings at the company by a further €4m – €5m, according to Davy analysts. The group had already taken a hit of €2.5m in lost revenue from cancellations announced earlier this year. OnRead More...
Malin hits a new all-time low with State...June 13, 2018
Shares in State-backed Malin hit an all-time low yesterday to leave taxpayers nursing a loss of 30pc on the initial investment. Malin’s shares lost 3.45pc in trading yesterday to close at €7, and at one stage plunged below €7 for the first time to hit €6.60. The State’s Ireland Strategic Investment Fund (ISIF) invested €50mRead More...