Representatives from the Institute, under the auspices of the CCAB-I, met with the Minister for Finance, Michael McGrath T.D and his team last week to discuss CCAB-I’s Pre-Budget Submission 2024. The need to simplify the tax system and reduce the administrative burden on businesses was discussed, as were the complexities experienced by small businesses, in particular, when availing of the R&D tax credit, EIIS and SURE. The importance of long-term investment in critical infrastructure, not least housing, in order to maintain Ireland’s position as a competitive place to do businesses was also highlighted. The need to reform the personal tax system to retain and attract talent was also discussed.
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