Dáil debates

Thursday, 26 November 2015

Ceisteanna - Questions - Priority Questions

Economic Competitiveness

9:30 am

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail) | Oireachtas source

Let us try something different here and let us try to get an answer to the question. That is the cut-and-paste answer that is the Minister's standard speech on start-ups. What I want to focus on is the challenge we face from the Six Counties and Great Britain in respect of their competitiveness for start-ups, the package and offering they have put together and their agencies' hunger to get start-ups to locate there. All the factors the Minister mentioned are correct. People are actually starting up companies here but they are making the decision to expand them outside the jurisdiction because of the range of supports that are available. Taxation is a matter for another Minister, but taxation in the context of the corporation tax rate is something the Minister needs to be on top of and very aware of. A very significant step relating to corporation tax on this island, to which our Government has been a signatory, has been taken and will take effect in the next number of years. It will now impact on decisions by people who are making long-term business decisions. What is the Department of Jobs, Enterprise and Innovation doing in respect of this?

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