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Displaying items by tag: €125m

In the Revenue’s annual report it confirms a massive increase in red tape now involved in trade with Britain.

Revenue say they collected €215m of customs duty on imports from Britain last year, even before the full impact of Brexit comes into force. That’s equal to nearly half the €526m total of customs duty collected on goods from all other non-EU markets combined last year.

Before Brexit there was no duty owned on imports from the UK and under the terms of the UK’s EU withdrawal Agreement trade between the Republic and Northern Ireland remains exempt.

The Revenue data shows the growing number of barriers to British firms selling into Ireland since Brexit and helps explain why goods imports into Ireland from the UK as a whole have plummeted by 45pc in the past year, while imports from Northern Ireland doubled.

The full impact of the UK withdrawal is still not being fully felt, in significant part because the Britosh government has continually delayed full implementation of the agreement. For more, Independent.ie has the story. 

Published in Ferry

The Irish Cruiser Racing Association (ICRA) Information

The creation of the Irish Cruiser Racing Association (ICRA) began in a very low key way in the autumn of 2002 with an exploratory meeting between Denis Kiely, Jim Donegan and Fintan Cairns in the Granville Hotel in Waterford, and the first conference was held in February 2003 in Kilkenny.

While numbers of cruiser-racers were large, their specific locations were widespread, but there was simply no denying the numerical strength and majority power of the Cork-Dublin axis. To get what was then a very novel concept up and running, this strength of numbers had to be acknowledged, and the first National Championship in 2003 reflected this, as it was staged in Howth.

ICRA was run by a dedicated group of volunteers each of whom brought their special talents to the organisation. Jim Donegan, the elder statesman, was so much more interested in the wellbeing of the new organisation than in personal advancement that he insisted on Fintan Cairns being the first Commodore, while the distinguished Cork sailor was more than content to be Vice Commodore.

ICRA National Championships

Initially, the highlight of the ICRA season was the National Championship, which is essentially self-limiting, as it is restricted to boats which have or would be eligible for an IRC Rating. Boats not actually rated but eligible were catered for by ICRA’s ace number-cruncher Denis Kiely, who took Ireland’s long-established native rating system ECHO to new heights, thereby providing for extra entries which brought fleet numbers at most annual national championships to comfortably above the hundred mark, particularly at the height of the boom years. 

ICRA Boat of the Year (Winners 2004-2019)