March 2025

Women in Business, Central Bank Forecasts, and the Gender Pay Gap Report

Drew Shiel
March 31, 2025

Welcome to the March edition of HTH Accountants’ monthly newsletter! We send this out once a month with information for our clients and friends about financial news in Ireland. The changeover to summer time has happened, and everyone has more energy with the longer evenings. See below for some details of upcoming business and economic matters in Ireland, and give us a call if you need any help with any of them!

Kildare Ranks 5th in Ireland for Business Women

New research has revealed that Kildare has ranked fifth in Ireland for the county with the most female entrepreneurs. The report says that more and more women are starting businesses across Ireland, with some counties leading the way. While there are still areas that need improvement, the data shows that Ireland has made great progress in helping more female entrepreneurs bring their ideas to life and become successful.

Central Bank Reduces Growth Forecast

The Central Bank has reduced its forecast for economic growth for this year due to rising uncertainty caused by the burgeoning trade war between the US and EU. It now says the domestic economy will grow by 2.7%, a drop of half a percentage point from its last projection of 3.2%.

40% of Small Irish Businesses Unaware of Gender Pay Gap Report Necessities

Large firms with 250+ employees and mid-sized companies with 150-249 staff have been reporting their gender pay gaps since 2022 and 2024, respectively. The requirements extend to small firms employing 50-140 people this year, and many such companies are at risk of non-compliance. If you’re unaware of this, give us a call on (01) 541 1446 to talk about it!