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Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Small and Medium Enterprises (23 May 2024)

Matt Shanahan: I welcome the extension of the increased cost of business, ICOB, scheme and the changes to the PRSI and VAT thresholds, which is something I and my colleagues in the Regional Group brought to Government some weeks back in a Private Member's motion. I wish to ask about the participation rate. How many businesses are accessing ICOB? What consideration has been given to those businesses that...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Small and Medium Enterprises (23 May 2024)

Peter Burke: ...with all sectors. I met ISME yesterday, along with another number of business sectoral groups. We are working with them to progressively keep improving the business environment in which they operate. I point out that inflation has halved since November 2022. That demonstrates that Government policies are working. We really did tackle it in the best way we could by mitigating the...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Small and Medium Enterprises (23 May 2024)

Peter Burke: ...emergency support scheme. Budget 2024 also continued several measures which will support businesses, like the €257 million in support announced through the increased cost of business grant; the 9% VAT reduction for gas and electricity which was extended for an additional 12 months until 31 October 2024; the temporary excise rate reduction applying to auto diesel, petrol and...

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