Jack Chambers (Dublin West, Fianna Fail) | Oireachtas source

I know that extensive work was done towards the latter end of last year, in which the Minister of State, Deputy Richmond, was involved in his previous role. That is why we responded with the increased cost of business scheme and also providing for the other ranges of support which the Minister, Deputy Burke, has advanced around the national minimum wage and having the lower rate of employment PRSI also. We are trying to advance supports for businesses, particularly around the cost implications. I know that the specific VAT 9 group speaks to that as the solution but it is a broader issue with regard to what the cost implications of that might be. That is why, as part of the ongoing process, the Minister, Deputy Burke, has engaged with businesses.

I am also clear to say that the current economic position should see a strengthening of consumer demand, which will help the retail and hospitality sector and that has to be and is an important context around budget 2025 also.

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