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Government asked to continue EV supports, 'at key time of growth'

Bodyshop of the Year: Derek Kavanagh Bank of Ireland Finance, Winner Owen Cullen Accident Repair Centre, Brian Cooke Director General SIMI and Paddy Magee SIMI Deputy President. A call for the Government to continue electric vehicle grant supports out to 2025 was made at last week’s announcement of the SIMI Motor Industry Awards 2023, writes Brian Byrne. Deputy President of the Society of the Irish Motor Industry Paddy Magee also asked that consideration be given to halting the reduction of Benefit in Kind reliefs for a few more years. He said premature reduction of supports could risk stalling sales at ‘a key time of growth’ in the EV market. He said that changing consumer behaviour to accept a new vehicle technology in such a short period of time is unprecedented, and this requires incentives, supports and education. “A strong new EV car market will also create an active used EV market, providing the opportunity for a greater cohort of motorists to go electric,...

Top 6 Ways to Create Passive Income

A passive income is something many people strive for. The idea of making money without having to actively earn it can seem like a dream come true. But, while a passive income is fantastic, it’s important to recognize that in most cases, passive income is born out of work. You usually have to put the effort in to create what will later be a passive income. Which in some cases means working hard for very little, before that passive income kicks in.  This, however, doesn’t mean that it’s not worth your time. If you can create a lucrative passive income or even something that earns you a little money for luxuries around your job, you can reap the rewards of your early efforts for a long time, and even increase your passive income as time goes on. If you are interested in creating a passive income, here are some of the best options.  Start a Blog or Vlog Blogging or vlogging can be an excellent way to earn a passive income. Once you’ve built up your site or channel (or both) you can earn th...