ISME opposes 23% VAT on Food Supplements
Many health stores will close once purchases move online VAT will not accrue, due to online imports to Ireland Risk of lower quality, inferior products entering the Irish marketplace Minister must defer decision until an impact study is carried out...
Insurance Industry must pursue costs against losing plaintiffs
Insurers must secure debt judgments against losing plaintiffs Failure to do this encourages bogus claims Registration of debt judgements is a straight forward, cost-effective process It’s time to reinstate 2003 Irish Insurance Federation/Ibec protocol on dealing with claims ISME, the...
ISME is Going Local!
Irish SME Association will host a series of Roadshows in 2019 Key opportunity for businesses to network locally First event Thursday 31st January Clayton Hotel Liffey Valley, Dublin SME lobbying, key issues for business and Brexit will be discussed...
Demand for Credit High and Bank Charges Exacerbate
SME demand for credit is at 30%. Loan refusal rates decrease from 29% to 12%. 14% waiting longer than 10 weeks from permission to drawdown. 45% stated that banks are making it more difficult to access finance. Businesses wait...
Fiscal and taxation policies versus Environmental Sustainability
Property taxation policy running counter to the SDGs Commercial rates penalise those businesses which develop and improve town-centre premises Urban areas such as Dublin, Cork and Galway worst affected Real opportunity to reform commercial rates and local property taxes...
SMEs dissatisfied with Government throughout Q’3 18
ISME, the Irish SME Association published the results of its latest Government Satisfaction report today (14th January). SMEs overall satisfaction with the Government worsened in Q3’18. ISME emphasises the need for greater action on business costs and access to finance....
Business Confidence Drops and Brexit fears increase
Business Confidence Drops and Brexit fears increase Brexit worry reaches its highest point for SMEs Business Confidence drops to 1% 67% of businesses have inadequate broadband 71% of businesses expect to increase wage rates of employees 22% of owner managers...
Increased payment delays for Ireland’s SME sector
Payment time for SMEs worsens from 55 to 59 days Businesses in Ulster are waiting longest to be paid at 70 days 69% of businesses are experiencing delays of 2 months or more ‘Unacceptable’ that 36% of big businesses are...
ISME slams playground closure over compensation claim
Insurance premium increases from €2,500 to €8,300 for community amenity in Carlow Personal injuries system is broken and needs radical overhaul Reform process stalled by aggressive lobbying from legal sector Legislative cap on general damages should be introduced immediately...
ISME slams Ash Wednesday insurance payout
Absurd Claim should have been thrown out of court Excessive insurance costs impacting businesses and consumers Legislative Cap on Damages must be urgently introduced As local businesses work towards their final trading weekend before Christmas, ISME, the Irish SME...
