What we do

We identify, monitor and analyse relevant public policy trends, legislative proposals, relevant news, and developments on the island of Ireland which may have an impact on the accountancy profession.


How we do it

We inform the membership and profession by publishing research into relevant public policy topics. We also work closely with elected representatives and senior personnel of Government departments and State agencies and make representations to them on behalf of our members. In this way we inform the work of Ireland's decision makers and business leaders, and contribute to the public debate on a range of matters that affect the country and our membership.


Research areas


Latest news

Sustainability

In today’s Public Policy news, take a look at some of the European Commission’s recently published reports. You can read about the latest economic predictions as per the Summer 2020 Economic Forecast report, and Ireland’s performance in the newly released EU Single Market Scoreboard. Also, the European Commission has launched its first call for applications to apply for the new €1 billion investment package towards developing green projects, under the Innovation Fund.   “A deeper recession with wider divergence”, warns the latest European Economic Forecast Released earlier this week, the European Commission’s Summer 2020 Economic Forecast has forewarned that the EU economy will experience a deep recession this year due to the COVID-19 pandemic, despite the swift and comprehensive policy response at both EU and national levels.   How are the numbers looking for Ireland? As per the forecast, Ireland’s economy is set to shrink by 8.5 per cent in 2020 and is predicted to only rise up to 6.3 per cent in 2021. This compares with the Commission's Spring forecast of a downturn of 7.9 per cent for this year and a recovery of 6.1 per cent for next year.   What was the major impact on Ireland? The forecast has stated that economic activity in Ireland is expected to have plunged in the second quarter of the year due to the COVID-19 pandemic and its associated lockdown. Private consumption is set to be particularly hit due to the measures.   Is Brexit contributing to the predicted economic downturn in Ireland? Ireland’s economic outlook remains affected by specific uncertainty concerning the future relationship between the EU and the UK, potential changes in the international taxation environment and the activities of multinationals registered in Ireland.   Single Market Scoreboard 2020: Member States need to do more   What is the Single Market Scoreboard? The European Commission has launched the 2020 edition of the Single Market Scoreboard, which rates members of the European Economic Area (EEA) on how effectively the EU single market rules were applied. The Scoreboard is an online tool, which aims to monitor the performance of the Member States by using clear indicators, with the objective to improve the functioning of the Single Market. A well-functioning single market is crucial for ensuring the free movement of supplies across the EU and vital for the swift recovery of the EU economy, especially in a post-COVID era.   What does the Scoreboard evaluate? The Scoreboard evaluates how Member States have performed as regards to: Implementation of EU rules creating open and integrated markets (e.g. public procurement, trade in goods and services) handling administrative issues concerning foreign workers (e.g. professional qualifications) cooperate and contribute to a number of EU-wide governance tools How did Ireland perform on the Scoreboard? We have given below a summary of Ireland’s performance under key public policy areas:   Key public policy areas Ireland’s performance Single Market governance tools (transposition, infringements etc.) Above average Single Market Policy Areas (public procurement, professional qualifications) Average Integration and market openness (trade in goods and services) Average Note: Ireland has the fourth highest level of trade integration in the single market for services   What were the other key findings of the Scoreboard? Uneven enforcement of single market rules: while Member States significantly improved the transposition of EU legislation, the number of infringement procedures has grown, partly due to incompletely or incorrectly transposed EU legislation   Expanded administrative cooperation among Member States: The use of the Internal Market Information system (IMI), which supports Member States’ administrative cooperation in 16 policy and legal areas, has increased by 52 per cent.   Steady increase in use of tools helping citizens and businesses benefit from the single market: The number of citizens using Your Europe information portal and the Your Europe Advice services has drastically increased.   More work needed in specific policy areas: further improvements are needed to ensure the free movement of professionals, especially to ensure more decisions recognising professional qualifications. The public procurement performance of Member States continues to be uneven, in particular as regards contracts awarded to single bidders.   Commission launches first call for €1 billion investment in innovative green projects    On 3 July 2020, the European Commission launched the first call for proposals under the Innovation Fund.   Take a look at our explainer on the Innovation Fund, which describes the Innovation Fund in greater details, and includes links to apply.   The Innovation Fund is a programme provided by the EU to finance breakthrough technologies. It aims to create the right financial incentives for companies and public authorities to invest now in the next generation of low-carbon technologies and give EU companies a ‘first-mover advantage’ to become global technology leaders.   This first call contributes to the green recovery of the EU economy by helping businesses invest in clean energy and clean industry to boost economic growth, create local jobs and give a competitive advantage to EU industry.     Read all our updates on our Public Policy web centre.

Jul 10, 2020
Public Policy

This week, in Irish stories, take a look at Revenue’s new guidance outlining DAC 6 disclosure requirements. In UK developments, applications for the first self-employed support scheme grant close in three days’ time. In International news, the European Commission relaxes its State-aid rules to take account of COVID-19 disruption.      Ireland Take a look at Revenue’s new guidance outlining DAC 6 disclosure requirements The Tax Appeals Commission have postponed upcoming appeals hearings and inaugural Chairperson of Tax Appeals Commission is appointed. UK Applications for the first self-employed support scheme grant close in three days’ time Claims under the job retention scheme can now be deleted within 72 hours International Read about how State-aid rules have been relaxed for COVID-19, including the General Block Exemption Regulation which impacts Ireland’s EIIS, SCI and SURE incentives.  

Jul 10, 2020
Sustainability

Calls for proposals to the Government Just Transition Fund 2020 close at 4pm on the 17th of July 2020. The Just Transition Fund (JTF) is part of the Government of Ireland’s just transition plan for the Midlands region. It focuses on upskilling and employment projects in green enterprise. The funds’ objectives are to support sustainable upskilling and employment in green enterprise in the Midlands regions. The target audience for funding are private, public, and community and voluntary organisations and there is €11m funding available. To find an inforamtion booklet and guidance on eligibility and how to apply, visit gov.ie 

Jul 07, 2020