Public policy centre

Welcome to Chartered Accountants Ireland’s public policy centre.

We use our research to inform the public policy debate both nationally and internationally.

Read about the public policy issues making headlines this past week which include a look in more detail at the Irish government’s plans to achieve its climate-change targets and the outcome of the latest EU summit. Latest climate action plan unveiled 200 actions are included in plans to achieve climate-change targets in a Climate Action Plan published by the Department of Communications, Climate Action and Environment last week.  Ireland is behind in the EU’s climate action targets of reducing carbon emissions by 2020 and faces fines of several hundreds of millions of euros per year until targets are achieved. Some of the measures proposed to reduce carbon emissions in Ireland include: Carbon tax will rise to €80 per tonne (from €20) by 2030 70 percent of all electricity will come from renewable sources by 2030 (it’s currently 30 percent) Regulations to curb the use of single-use plastics by end of 2021 and eliminate non-recyclable plastic 500,000 homes will be retrofitted Installing oil boilers will be prohibited by 2022 and the installation of gas boilers will be prohibited by 2025 on all new homes. A review on how to replace all oil and gas boilers in existing buildings will be completed this year. No new regulation will come into force before 2026. All buildings undergoing significant renovation must bring the rest of the building up to a minimum BER B2 rating Creating new, sustainable opportunities for family farms to reduce greenhouse gas emissions in agriculture The cycling path network and park and ride facilities will be expanded A study looking at possible congestion charges will be undertaken by December 2019 In terms of transport, equalising duties on petrol and diesel, changing vehicle registration and motor tax will be considered in Budget 2020 A car scrappage scheme may be introduced in 2020 to encourage people to buy electric vehicles. More broadly, carbon budgets and targets in addition to the normal financial budgets will be established on a five year system.  Ministers of each government Department will be responsible for making targets and there will be penalties for failure to do so.   EU summit discusses climate action and cybersecurity EU leaders are met in Brussels last week to adopt the EU's strategic agenda for 2019-2024. The EU’s strategy focuses on four main priorities: protecting citizens and freedoms developing a strong and vibrant economic base building a climate-neutral Europe promoting European interests and values on the global stage. Talks also focused on the long-term EU budget, cyberattacks and external relations.  The EU leaders however failed to agree on a new President for the European Commission and will need to reconvene to decide. App Read all our updates in our Public Policy webcentre.

Jun 24, 2019

Read about the public policy issues making headlines this week which include an update on the race to be UK Prime Minister and a look in more detail at the Irish government’s plans to achieve its climate-change targets. Irish government unveils its latest climate action plan 200 actions are included in plans to achieve climate-change targets in a Climate Action Plan published by the Department of Communications, Climate Action and Environment this week.  Ireland is behind in the EU’s climate action targets of reducing carbon emissions by 2020 and faces fines of several hundreds of millions of euros per year until targets are achieved. Some of the measures proposed to reduce carbon emissions in Ireland include: Carbon tax will rise to €80 per tonne (from €20) by 2030 70 percent of all electricity will come from renewable sources by 2030 (it’s currently 30 percent) Regulations to curb the use of single-use plastics by end of 2021 and eliminate non-recyclable plastic 500,000 homes will be retrofitted Installing oil boilers will be prohibited by 2022 and the installation of gas boilers will be prohibited by 2025 on all new homes. A review on how to replace all oil and gas boilers in existing buildings will be completed this year. No new regulation will come into force before 2026. All buildings undergoing significant renovation must bring the rest of the building up to a minimum BER B2 rating Creating new, sustainable opportunities for family farms to reduce greenhouse gas emissions in agriculture The cycling path network and park and ride facilities will be expanded A study looking at possible congestion charges will be undertaken by December 2019 In terms of transport, equalising duties on petrol and diesel, changing vehicle registration and motor tax will be considered in Budget 2020 A car scrappage scheme may be introduced in 2020 to encourage people to buy electric vehicles. More broadly, carbon budgets and targets in addition to the normal financial budgets will be established on a five year system.  Ministers of each government Department will be responsible for making targets and there will be penalties for failure to do so. The race to be PM: Down to two  Boris Johnson and Foreign Secretary Jeremy Hunt are the last two candidates remaining in the race to become Conservative Leader and ultimately Prime Minister. Following a series of votes this week, Boris Johnson received the most votes in the final round of voting. Brexit Minister Dominic Raab, International Development Secretary Rory Stewart, Home Secretary Sajid Javid and Environment Secretary Michael Gove were eliminated during a series of votes this week.  A postal ballot among the Conservative Party membership will then take place to pick a leader and a new Prime Minister should be chosen by the end of July. EU summit discusses climate action and cybersecurity EU leaders are meeting in Brussels today and yesterday to adopt the EU's strategic agenda for 2019-2024. The EU’s strategy focuses on four main priorities: protecting citizens and freedoms developing a strong and vibrant economic base building a climate-neutral Europe promoting European interests and values on the global stage. Talks will also focus on the long-term EU budget, cyber attacks and external relations. Read all our updates in our Public Policy webcentre.

Jun 20, 2019
Tax

That was the message to attendees at our CPD event last week in Dublin which examined how technology is transforming audit, tax and work place culture.  Thank you to all members who attended.  Next in this series is a free event on how digitalisation is transforming financial services. This takes place on 25 June. Book now. Pictured are speakers Michael Walls, CEO Dappr, Cróna Clohisey, Chartered Accountants Ireland, Eoin Connolly, Director ConsenSys Ireland, Brian Murphy, Director Deloitte along with Bríd Heffernan from the Institute.

Jun 17, 2019

Pensions in Ireland - A responsible way forward

A significant majority of Chartered Accountants are worried about Ireland's pension deficit and favour pension auto-enrolment to guard against poverty in retirement.

In its research report, Chartered Accountants Ireland examines the challenge of an ageing population in Ireland, the reasons that some private sector workers do not provide for their pensions and also looks at a number of different pension funding models used in other countries.

Chartered Accountants Ireland has over 26,000 members working in every sector on the island of Ireland, and is uniquely placed to identify the challenges that the pension deficit will bring.

Read our report on the PDF below.

CTA - Pensions in Ireland-min
NEWS BODY - Pensions in Ireland A responsible way forward-min

Seminar : Pensions under the spotlight
Chartered Accountants Ireland’s members engaged in a comprehensive discussion on the private pension crisis in Ireland at a seminar with Institute President Shauna Greely held in Dublin last Tuesday evening (6 March 2018). 

The event also saw the formal launch of the Institute’s report Pensions in Ireland: A responsible way forward which advocates auto-enrolment. View photos from the event >>>