Specific Details
ISME pre-budget submission 2019
Intended results
Implement in full the 20 key tax recommendations made by the Irish Tax Institute.
Reduce the punitive 23% VAT rate to 21%, and retain the 9% rate.
Our taxes on property, commercial rates and LPT, need to be brought up to date and made fit for purpose.
Spending on infrastructure should be prioritised above current account spending, and should rise to 4% of GNI*. Capital expenditure must take priority over increasing current expenditure. We should nationalise the wholesale telecoms distribution network, in the same way as we do the electricity grid.
Our Inheritance Tax regime must be updated, both to increase yield, to encourage more intensive use of assets, and to incentivise the scaling up rather than sale of family businesses
6. In light of the critical importance of international competitiveness for a small open economy, we recommend an increased scope for the Irish Fiscal Advisory Council (IFAC), to include in their remit ongoing commentary on the work of the National Competitiveness Council (NCC), so that the NCC has an external advocate.
Our further education and training regime is not consistent with activating a bigger workforce, or training the unskilled. Ireland’s performance on NEETs1 is markedly worse than the OECD average. We must divert spending from non-performing programs towards those which will expand our workforce in size, learning and expertise
A Labour Force Activation program for the Disability Sector; ensuring a 'Workplace Access Grant', 'Minimise the financial risk for employers', Remove the onus from the employer to apply for grant support and empower the jobseeker with a disability to seek work with their supports already in place', Allocate €250,000 to the Employer Disability Information (EDI) service,
Reintroduce the Statutory Redundancy Rebate (or remove the 0.5% employers’ PRSI levy which funds it.
Regulate peer-to-peer lending in Ireland.
Permit no pay increases in the public sector that are not objectively justified by recruitment or retention issues, or are warranted by comparison to international benchmarks
All School Uniforms, of whatever size, be zero rated for VAT purposes
Update and reform the current ARV calculation system for commercial rates, and reform of the LPT system
The proposal for auto enrolment into a Universal Retirement Savings Scheme (URSS) must be progressed. Employee and Government should make a defined percentage contribution.
There needs to be a substantial re-balancing of education spending away from third-level and university-delivered education towards skills-based training and life-long learning.
Broadband: ISME believes that the wholesale distribution network should be bought back by the State and nationalised
Heather Humphreys
Minister (Department of Business, Enterprise and Innovation)
Denis Naughten
Minister (Department of Environment, Climate and Communications)
John McGuinness
TD (Dáil Éireann, the Oireachtas)
Peter Burke
TD (Dáil Éireann, the Oireachtas)
John Deasy
TD (Dáil Éireann, the Oireachtas)
Pearse Doherty
TD (Dáil Éireann, the Oireachtas)
Michael McGrath
TD (Dáil Éireann, the Oireachtas)
Paul Murphy
TD (Dáil Éireann, the Oireachtas)
Paddy Burke
Senator (Seanad)
Rose Conway-Walsh
Senator (Seanad)
Gerry Horkan
Senator (Seanad)
Kieran O'Donnell
Senator (Seanad)
Hildegarde Naughton
TD (Dáil Éireann, the Oireachtas)
Timmy Dooley
TD (Dáil Éireann, the Oireachtas)
James Lawless
TD (Dáil Éireann, the Oireachtas)
Michael Lowry
TD (Dáil Éireann, the Oireachtas)
Eamon Ryan
TD (Dáil Éireann, the Oireachtas)
Michael McDowell
Senator (Seanad)
Bríd Smith
TD (Dáil Éireann, the Oireachtas)
Brian Stanley
TD (Dáil Éireann, the Oireachtas)
Terry Leyden
Senator (Seanad)
Tim Lombard
Senator (Seanad)
Joe O'Reilly
Senator (Seanad)
Orlaigh Quinn
Secretary General (Department of Business, Enterprise and Innovation)
Declan Hughes
Assistant Secretary (Department of Business, Enterprise and Innovation)