Oireachtas Joint and Select Committees

Tuesday, 24 April 2018

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Cost of Doing Business in Ireland: Discussion (Resumed)

4:00 pm

Mr. Damian Duggan:

Yes, if there was border and VAT was collected when people returned to the country, we would be happy with that. The Chairman was talking about crime, we think it is a crime that we are paying 23% and they are paying 20% when they go across the Border. That is a small charge but one should also take into account that the overheads for running a business are much less there than they are here, with rates and everything else.

It can be flipped both ways. There are a lot of negatives. We have many educational things which happen in the UK, but we are also trying to do many things here ourselves now. Overall, it will not be as bad because we are a member of the EU.

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