Cost competitiveness and the discrimination against the self-employed in the taxation system key issues for SMEs.
ISME, Friday 29th May 2015.
The National Council of ISME, the Irish Small & Medium Enterprises Association, has today (29th May) elected James Coghlan as Chairman for the next two years. He succeeds Eamonn Kielty of Money Plus Ltd., Sligo.
Mr Coghlan is CEO of International Sports Activities Ltd, is Dublin based, and has served as ISME Vice Chairman for the last two years.”
Commenting on his appointment, Mr Coghlan stated, “I am honoured to be elected Chairman of the Association. I am committed to continuing the successful work of ISME, which has occurred under the Chairmanship of Eamonn Kielty and past Chairmen, and to addressing the issues of most concern to our 9,500 member companies.”
“Ireland’s decreasing cost competitiveness is a huge concern for SMEs and just yesterday the IMD reported a further decrease in our ranking to 16th place. Our open economy relies far too heavily on exports and global competition for us to allow our competitiveness to be eroded. Government must act now to address this issue and to reduce the unsustainable cost base that is crippling SMEs.”
“In recent months ISME has been championing a campaign to end the tax discrimination against the self-employed and proprietary directors who can, in some cases, pay up to 8 times more tax than their PAYE counterparts on similar incomes. Our message is simple, those on the same income should pay the same tax. The Taoiseach has indicated that Government will address this inherently unfair system in the next budget and ensuring that he keeps this promise will be a priority item on the ISME agenda”, he concluded.