In a response to the Commission on Taxation and Welfare’s public consultation ‘Your Vision, Our Future’, CCAB-I offered practical solutions to several difficulties experienced by accountants across Ireland’s tax system. Recommendations covered a broad spectrum including ensuring Ireland’s personal tax system remains competitive while bolstering the take-home pay of workers, highlighting the importance of maintaining capital tax reliefs to Irish entrepreneurs, asking that the PRSI burden is not increased on employers and maintaining existing tax relief for pension contributions. We also sought a reform of the tax treatment of service companies, included measures to accelerate the supply of affordable housing and put forward proposals to use the tax system to accelerate business commitments to net zero targets.
The Commission was established to review how best the taxation and welfare system can support economic activity and income redistribution.
Read our response.
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