Irish SMEs warn of mounting costs and tax complexity, finds CAI survey
Summary
Irish SMEs are facing rising labour and operating costs, and many say those pressures are hurting their ability to compete and grow. Chartered Accountants Ireland uses its pre-Budget submission to argue for inflation-linked income tax thresholds and credits to protect real wages and reduce fiscal drag. The group also wants changes to benefit-in-kind rules and the Universal Social Charge treatment of certain income. It further calls for a more competitive investment and capital gains tax framework to support capital formation and business expansion.
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