NEWS ARTICLES
 
Budget 2017 - Key messages

Following the UK vote to leave the EU, improving Ireland's competitiveness must be a top priority in Budget 2017. View our five point plan for sensible yet ambitious budgetary measures.

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Economic context and fiscal space

In the current economic climate, resources are best focused on strategic priorities which expand the productive capacity of the economy – capital investment, housing, tax reform, education and innovation. 


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Personal taxation
Tax systems with a broad base and low marginal rates provide the best outcomes for employers, employees and the economy. The following section outlines our recommendations for achieving this in Budget 2017.
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Consumer taxation
View the Ibec stance on the proposed sugar tax, alcohol excise, the 9% tourism VAT rate and tobacco excise.
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Business and entrepreneurship
Taxation of entrepreneurs and small business is an issue which has received a lot of warranted attention in recent times.
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Investment

We have the fastest growing population in Europe, but the third lowest level of investment in the EU. We must ensure the country has the transport, education, housing and broadband infrastructure it needs to prosper. This will require a major new commitment on investment spending, far beyond current plans.

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Housing
Housing is now among the top labour market issues employers are facing and is posing a serious challenge to our competitiveness. At a fundamental level we need to reform how we deliver social and affordable housing in Ireland.
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Innovation and the labour market

Ireland is currently benefiting from achievements made in previous years with one of the best educated workforces in the EU. To maintain this advantage we need to continue investing in third level education, up-skilling, career guidance, R&D and apprenticeships.

 

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Budget 2017 - Five things to deliver
Increasing the productive capacity of the economy by investing in infrastructure, housing, skills, education and innovation is crucial. View a summary of what the Irish business community reccomends the Government to deliver in Budget 2017.
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Ibec economic and taxation team
The Ibec economic and taxation team of Fergal O'Brien, Gerard Brady and Alison Wrynn.
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