Welcome to this issue of Dublin Chamber Weekly, sponsored by PWC. Throughout the summer Dublin Chamber is continuing to lobby on a wide range of policy issues important to businesses across the Dublin region, highlighting immediate challenges while also keeping a focus on the long-term strategic questions facing the economy.
Further to our recent meetings with the Tánaiste and other Ministers, Dublin Chamber has made a submission to Taoiseach Micheál Martin outlining business concerns in relation to a number of areas on which the Government has sought our input, including Covid-19 supports, enterprise policy, future skills, sustainability, housing, and the urban agenda. Since then, we have been engaging with senior Government officials in numerous Departments to make the case for specific changes.
This week we also launched our pre-budget submission, calling for a doubling of housing investment as part of an expanded National Development Plan; a new 20% rate of Capital Gains Tax for investments in SMEs; a new tax credit for green business practices; and a gradual and well-publicised withdrawal of Covid-19 supports to allow businesses to plan their finances. The full submission and further details are available for you to read below.
In the context of growing business concern about housing combined with inflation in the construction sector, the news that the Government is considering implementation of certain recommendations from the Kenny Report is particularly welcome. This follows a concerted effort by Dublin Chamber in recent months, highlighting the need to ensure efficient treatment of developable land.
Meanwhile, the commercial rates waiver remains scheduled to expire in September. And while we are making the case for an extension of this support, we are also engaging with local authorities, encouraging Councillors to manage their budgets in order to avoid commercial rates increases next year.
You can find out more about recent developments below and can check out our recent submissions here. As always, please share your feedback with us by contacting email@example.com.
Aebhric Mc Gibney
Director of Public & International Affairs