Oireachtas Joint and Select Committees
Wednesday, 18 October 2023
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Low Pay Commission Recommendations on the National Minimum Wage: Discussion
Matt Shanahan (Waterford, Independent)
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I want to discuss the idea of supports. The commission has said that it recommends where wages should fall but it is up to the Government to determine policy. What do our guests think of the funding announced by the Government in terms of a derogation of rates for small businesses? How will that impact on small businesses that do not pay rates? I ask because they would have no credit to put against their operating costs.
Has consideration been given to the more than 63,000 SME companies warehousing a significant debt of over €2 million? Has this matter entered the thought process of the commission? Has the commission sought to make a recommendation to the Government to consider how this group of SMEs might be targeted?