Government agrees measures to support SMEs
Ó An Roinn Fiontar, Trádála agus Fostaíochta
Foilsithe
An t-eolas is déanaí
Teanga: Níl leagan Gaeilge den mhír seo ar fáil.
Ó An Roinn Fiontar, Trádála agus Fostaíochta
Foilsithe
An t-eolas is déanaí
Teanga: Níl leagan Gaeilge den mhír seo ar fáil.
The government has agreed a range of measures with the aim of reducing costs for small and medium sized businesses, brought forward by Minister for Enterprise, Trade and Employment, Peter Burke.
Key measures include:
The government has also noted other measures being progressed:
Minister for Enterprise, Trade and Employment, Peter Burke welcomed agreement on the measures, saying:
"Our small businesses are the backbone of our local economy and provide much valued employment in communities across the country. These measures represent agreement from across government on the need to support our SMEs in the face of rising costs – while also balancing critical progress in terms of working conditions.
"Small and medium sized businesses are vital to Ireland’s success and are central to our ability to build a broad-based and successful economy and wider society. It has been a priority of Taoiseach Simon Harris to support our small businesses since he took office, and I am glad today that we have delivered on this.
"While there has been some moderation in the rate of wholesale price inflation, and measures to date have helped many vulnerable but viable firms, these new measures will help SME long-term financial sustainability, and aid them to grow and thrive so as to sustain good jobs into the future.
"I continue to advocate on behalf of small businesses and traders up and down this country, and I look forward to Budget 2025 to highlight further government commitment to this critical sector."
Minister for Finance Michael McGrath said:
"The package of measures being announced today is fair and balanced, and underlines the recognition across government of the crucial role SMEs play in our economy and in communities across Ireland. As Minister for Finance, I very much welcome the progress that has been made in relation to the Tax Debt Warehouse scheme. This has been a vital support to viable businesses during the dark days of the pandemic and in the period since. I would also like to thank the Revenue Commissioners for the positive and proactive approach they have taken to engaging with firms. The success of the scheme is a testament to the collaborative approach taken by a broad range of stakeholders and demonstrates the government’s commitment to supporting our business and enterprise sector."
Minister of State at the Department of Agriculture, Food and the Marine with special responsibility for Land Use and Biodiversity, Pippa Hackett said:
"Small and medium businesses are the lifeblood of towns and villages the length and breadth of the country, and play an essential role in maintaining communities in rural areas. These business owners have shown remarkable resilience over the past number of years in facing the successive challenges of COVID, energy costs and inflation. This package of government supports will play a vital role in bolstering that resilience and will enable these businesses to focus on what they do best."