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.
Report suggests new agri-food area for...June 25, 2019
Report suggests new agri-food area for Ireland, UK A new shared food safety and animal health area taking in the island of Ireland and the island of Great Britain as a whole should be created to prevent the Irish backstop taking effect, according to a report by a UK non-government body of MPs, academics, tradeRead More...
Second-hand property prices continue to drop...June 25, 2019
Second-hand property prices continue to drop in Dublin – survey Second-hand property prices in Dublin have decreased by an average of €4,500 in the past three months, a survey has found. The Real Estate Alliance survey found the average house price for a three-bed semi-detached house in Dublin stands at €433,000, for the second quarterRead More...
Global demand for agri-products set to...June 25, 2019
Global demand for agri-products set to increase by 70% A senior lecturer in retail management has said food sustainability is becoming more prominent and by 2050 global demand for agricultural product is set to increase by 70%. The global focus on climate means many people are thinking about where food comes from and how muchRead More...
Revenue owed €40m in tax, fines and...June 24, 2019
Revenue owed €40m in tax, fines and interest by defaulters More than €39.82m remains unpaid to the Revenue Commissioners in taxes, penalties and interest from published tax defaulters in 2017 and 2018. That is according to figures provided by Finance Minister Paschal Donohoe which show €15.5m remains unpaid by published tax defaulters in tax, penaltiesRead More...
Global stocks hold highs in rate-cut betJune 24, 2019
Global stocks hold highs in rate-cut bet World stocks held near two-week highs as investors bet on a worldwide wave of central bank stimulus, with expectations growing that the US and the eurozone may deliver interest rate cuts as early as July. Markets have been fired up by European Central Bank president Mario Draghi’s TuesdayRead More...
Wage rises slow down below rest of the EUJune 24, 2019
Wage rises slow down below rest of the EU The pace of wage growth in Ireland slowed dramatically to 2.2pc between January and March, under-performing the eurozone average for the first time since early 2017. Meanwhile, the level of job vacancies here was the third lowest in the currency bloc, indicating the economy may notRead More...
Tax rises needed to prevent economy...June 21, 2019
Tax rises needed to prevent economy overheating – ESRI The Economic and Social Research Institute says the economy is now growing so strongly that the Government should increase taxes to avoid overheating, notably through increasing taxes on carbon and property. But it also says the Government should avoid tax increases if there is a no-dealRead More...
Oil jumps 3% towards $64 as US drone downed...June 21, 2019
Oil jumps 3% towards $64 as US drone downed in Gulf Oil rose more than 3% towards $64 a barrel today after Iran shot down a US military drone, raising fears of a military confrontation between Tehran and Washington. Expectations that the US Federal Reserve could cut interest rates at its next meeting, stimulating growthRead More...