The Chamber and Budget 2016

The Chamber would like to thank those members who responded very positively to the survey circulated to members regarding Budget 2016.

Aside from the proposal to set up an ‘Enterprise Awareness’ Pilot Scheme in the Shannon Region, which Shannon Chamber has now directly communicated to Government, the Chamber CEO Helen Downes also reflected some of the views of Chamber members on their hopes for the forthcoming Budget in her recent presentation to the Irish Tax Institute briefing in Limerick.

Relevant issues highlighted included:

  • The need to ensure equal taxation treatment of owner-managers and the self-employed compared with the PAYE tax payer
  • A reduction in Capital Gains Tax in order to stimulate increased investment in productive enterprises and SMEs
  • A recommendation that factors such as social security levies and childcare supports should be carefully considered for attention in order to create the optimum taxation climate and support structures for employment creation.