The bank ascribed this increase in overall expenses to the effects of the Ulster Bank purchase, the elevated rate of inflation, and a one-time, non-recurring fee of €9 million for the Deposit Guarantee Scheme. The number of employees went up to 3,206 from 2,488 at the end of last year. This increase includes new employees from Ulster Bank, as well as extra staff hired to handle the Ulster Bank acquisition.
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I’m Orla, a seasoned Tax Accountant and passionate blog writer with a mission to demystify the intricate world of Value Added Tax (VAT). With a career spanning over a decade in the realms of finance and taxation, I have honed my expertise to assist businesses and individuals in navigating the complex landscape of VAT regulations.
My journey into the world of finance and taxation began with a strong fascination for numbers and a desire to make a meaningful impact. Armed with a degree in Accounting, I embarked on a career that would see me becoming a trusted advisor to businesses of all sizes. Over the years, I have had the privilege of helping countless clients optimize their financial operations and ensure compliance with VAT laws. Connect with me through my blog, where you’ll find insightful articles, practical advice, and a friendly voice to guide you through the intricate world of Value Added Tax.