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.

This week Chartered Accountants Ireland was pleased to welcome four Chartered Accountants who are also members of the Oireachtas to the launch of CCAB-I’s pre-Budget 2020 submission. President Conall O’Halloran and CEO Barry Dempsey and other Institute representatives discussed the tax measures to address the housing crisis and support SMEs in Ireland with Seán Fleming TD, Michael McGrath TD, Sen Gerry Horkan, and Sen Kieran O’Donnell. Front row l-r; Sean Fleming TD, Michael McGrath TD, Senator Gerry Horkan, Senator Kieran O’Donnell Back row l-r; Cróna Clohisey, Tax Manager, Chartered Accountants Ireland, Brian Keegan, Director of Public Policy and Taxation, Chartered Accountants Ireland, Colin Smith, Partner PWC, Conall O’Halloran, President, Chartered Accountants Ireland, Barry Dempsey, CEO, Chartered Accountants Ireland, Paul Dillon, Council member and Partner, Duignan Carthy O’Neil, Brid Heffernan, Tax Manager, Chartered Accountants Ireland. Chartered Accountants Ireland under the auspices of the CCAB-I also included environmental tax measures, tax supports for innovation and encouraging entrepreneurism in the SME sector in its submission for 2020.  Measures to address the housing crisis include stemming the flow of landlords leaving the rental property market and introducing incentives to convert industrial sites into residential land.  Read the submission.

Jun 13, 2019

Read about the public policy issues making headlines this week which include the first series of votes in the UK to elect a new Prime Minister and a warning from the EU that the UK must settle its bill even if it leaves without a deal.   The race to be PM: Boris Johnson tops first round of votes Boris Johnson topped the ballot in the first round of voting in the race to become Conservative Leader and therefore Prime Minister. In a vote yesterday, Mr Johnson received 114 of the total 313 votes, followed by the Foreign Secretary Jeremy Hunt on 43 votes, Environment Minister Michael Gove on 37 and former Brexit Minister Dominic Raab who won 27 votes. Mark Harper, Esther McVey and Andrea Leadsom have been eliminated from the contest. The second round is scheduled for June 18 and further ballots will take place on June 19 and June 20 until there are just two candidates remaining. 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. UK must settle its bills even if no Brexit deal says EU The European Commission warned this week that the UK will have to pay its outstanding share of the EU budget even if it leaves the EU without a Brexit deal. In a statement confirming the EU’s Brexit preparedness remains fit for purpose, the Commission said it would not enter talks on the future trading relationship until the UK honours "the financial obligations the UK has made as a member state". Research on the cost of disability in Ireland The Minister for Employment Affairs and Social Protection, Regina Doherty, announced this week that Indecon International Consultants has been commissioned by her Department to carry out research into the cost of disability in Ireland.  This follows a commitment made as part of Budget 2019 measures.  People with disabilities may incur additional costs for heating, equipment, medicines, care and transport and it’s hoped the study will enable a reform of disability services in Ireland. Read all our updates in our Public Policy webcentre.  

Jun 13, 2019
Tax

Read about the public policy issues making headlines this week which include the results in the European Parliament elections in Ireland’s South constituency, a plea for no more Brexit delays from French President Emmanuel Macron and calls for the EU to limit greenhouse gas emissions to protect human health. EU elections update The proposed recount due to take place in Ireland’s South constituency was called off last week with Sinn Féin’s Líadh Ní Riada conceding defeat.   Independent’s for Change Mick Wallace, Green Party senator Grace O’Sullivan and outgoing MEP Deirdre Clune (Fine Gael) all join Sean Kelly (Fine Gael) and Billy Kelleher (Fianna Fáil) as the five MEPs elected.  Deirdre Clune took the last remaining seat which will not be taken up until the UK leaves the EU. Northern Ireland talks Referring to the new phase of political talks in Northern Ireland that was announced on 26 April, the Secretary of State for Northern Ireland Karen Bradley and the Tánaiste Simon Coveney gave an update recently to the Taoiseach and UK Prime Minister on progress since then. Welcoming the constructive engagement shown by all parties, both noted that while broad consensus has been reached on some issues, other areas remain to be resolved.  Therefore in order to capitalise on a “narrow window of opportunity”, talks must be intensified in order to “shape a final agreement”. No more Brexit delays, says French President French President Emmanuel Macron has said that 31 October should be the "final" deadline for the UK’s departure from the EU. The French President was opposed to the EU granting the UK a long extension when the departure date was delayed from 29 March until the end of October.  Speaking in Paris with members of the International Monetary Conference, Mr Macron said "I think this is the final, final deadline." Limit greenhouse gas emissions urgently As climate change intensifies, health risks will increase particularly among the elderly and sick children.  That’s according to a new report carried out by the Royal Irish Academy and the European Science Academies Climate Change working group.  The report says there are seven million infants in Europe who are living in areas where air pollution exceeds World Health Organisation recommended limits.  The working group is calling on the EU to intensify its efforts to limit greenhouse gas emissions to protect human health.  And finally… Do you read the terms and conditions when signing up for free Wi-Fi in public places? Looks like few do.  The result: 22,000 people unwittingly agreeing to do 1,000 hours of community service including scraping chewing gum off the streets and cleaning toilets at festivals.  The joke clause was included in the terms and conditions of a Wi-Fi company in Manchester to show the lack of consumer awareness when signing up to free things. Only one beady eye subscriber noticed the terms and was rewarded with a prize! Read all our updates in our Public Policy webcentre.

Jun 10, 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 >>>