An Alternative 10 Point Plan for Micro, Small and Medium-Sized Enterprises

Chambers Ireland is the country’s largest business network. With over 50 affiliated chambers in every sector and region in the country, we are dedicated to promoting competitiveness within the business community. In turn, this competitiveness leads to economic growth and stability, supporting job creation and retention.

As part of Budget 2013 the Government included a section on Assistance for the Small and Medium Enterprise (SME) Sector. This included an acknowledgement of the important role SMEs currently play in the Irish economy and a recognition that they will be a key part in any future economic recovery. The measures announced were a 10 Point Tax Reform Plan to help small businesses and a number of measures designed to increase the availability of credit for SMEs.

Chambers Ireland welcomes the inclusion of these measures; however, a closer examination of the detail leads to the conclusion that the initiatives announced will have a limited impact on the trading conditions of most businesses. Policies and initiatives must be more ambitious and far-reaching to produce transformative outcomes.
This document includes a critique of the 10 point plan announced as part of Budget 2013, with suggestions for improvement, and an alternative 10 point plan, which we believe can produce the type of transformations necessary to stimulate real and meaningful job creation. We estimate that the initiatives highlighted in this document can potentially create up to 30,000 new jobs.

See link below for full publication:

Alternative 10 Point Plan for Micro Enterprises – Apr’13

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