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Chambers Ireland hopes for budget measures to help all regions

Chambers Ireland are calling on the government to implement measures in Budget 2015 to help all b...
Newstalk
Newstalk

11.58 14 Jul 2014


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Chambers Ireland hopes for bud...

Chambers Ireland hopes for budget measures to help all regions

Newstalk
Newstalk

11.58 14 Jul 2014


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Chambers Ireland are calling on the government to implement measures in Budget 2015 to help all businesses around the country.

The body has reported patchy growth and recovery and says not all counties are experiencing the growth felt by Dublin and bigger cities.

They are also urging the government to maintain the low VAT rate of 9% in the hospitality sector.

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It has published its pre-budget submission, and is calling for no new taxes, and for certain measures to be taken to encourage job creation across the island.

It has made a number of recommendations to stimulate growth, including the reinstatement of the lower rate of employers' PRSI for 'Class A' staff to encourage businesses to take on new employees.

It also wants to reduce marginal tax rates to below 50% to reward employment, support enterprise, and attract high-value FDI jobs.

It is also calling for a reduction in Capital Gains Tax to 20% for active investments.

CEO of Chambers Ireland, Ian Talbot, told Newstalk Breakfast the recovery has happened right across the country.


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