Chambers Ireland Pre Budget 2019 Submission

Chambers Ireland Pre Budget

On Thursday July 12th, Chambers Ireland launched its Pre Budget 2019 Submission, recommending that Government use Budget 2019 as an opportunity to think strategically about how we can future-proof our economy and make the best use of today’s prosperity in preparing for the threats facing Ireland on an international stage. 

This Pre Budget 2019 Submission was developed in consultation with the Chamber Network and launched at the Chamber Chief Executives’ Forum in Athlone, with Chamber Chief Executives from all over the country in attendance. 

Nuala-Anne Curley, Office Manager, Mullingar Chamber said, “This submission has been formulated in consultation with the Chamber Network, made up of 44 affiliated Chambers located in every major town and city in Ireland. The message is clear, delivery of Project Ireland 2040 and the National Development Plan is key to ensuring continued growth. We are in a strong economic position today and this submission focuses on planning for a sustainable future.” 

 Chambers Ireland Chief Executive Ian Talbot said,

“Budget 2019 will be the first since the finalisation of Project Ireland 2040, but it will also be the last before the UK’s departure from the European Union. This is representative of the wider position in which we currently stand; with a great opportunity for growth on the one hand, and significant external threats on the other.  

Our Pre Budget Submission recommends a range of measures which aim to make Ireland a better place in which to do business and bolster our economy for sustainable growth well into the future. Supporting entrepreneurs through the Brexit period, enabling indigenous businesses to grow and continuing to improve upon Ireland’s overall competitiveness should be the focus of Government in Budget 2019. Chambers Ireland’s submission recommends measures which will promote a sustainable future through investment in infrastructure; supporting our workforce through fair taxation and affordable childcare; encouraging entrepreneurship through tax equity for the self-employed and improving upon employee share options for SMEs; and battling Brexit through trade supports and maintaining the 9% VAT rate for the tourism industry.

Ireland’s competitiveness is increasingly under threat from the high cost of doing business and general high cost of living in Ireland. The government must focus on addressing the issues contributing to these high costs, from childcare to housing and beyond.

It is imperative that we use Budget 2019 to plan for the future with equal measures of optimism and caution. We stand in a strong economic position today. Strategic planning and spending should lead us on a sustainable path, ready to seize future opportunities and weather any threats.”

Click here to view the Pre Budget Submission 2019.

 

 

 

 

 

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