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Blog Archive | August 2019

Budget 2020 should increase the Local Property Tax

Posted on August 30, 2019 by Tom McDonnell

social housing
Budget 2020 is an opportunity to widen the tax base and increase scope for spending on areas like childcare, education and infrastructure. One of the best ways we can do this is by increasing the property tax. The latest NERI inBrief makes just such a case. So what is the case in favour of shifting the composition of taxes in favour of a higher property tax? We can broadly summarise the case as …

Brexit, Tourism and the border

Posted on August 26, 2019 by Lisa Wilson

sign post
Last week my colleague Paul Mac Flynn in this same column warned about the need to ensure that people are not left behind, in our increasingly more probable, crashing out of the European Union without a deal. Like many other Brexit commentators, Paul Mac Flynn is of the opinion that there is no use now in debating the impacts of the various different Brexit deal options which have been on and off …

Inflation and the pound - the rise and fall.

Posted on August 19, 2019 by Paul Mac Flynn

As the prospect of a no-deal Brexit looms, much attention has focused on how the UK economy will react to life outside the EU on the first of November. While there are likely to be some immediate impacts on day one arising from border delays and turbulence in the financial markets, it would be unwise to expect any sort of ‘big bang’ event. In reality the real economic impact of a no-deal …

Posted in: Northern Ireland

Precariousness is still elevated even after seven years of uninterrupted economic growth

Posted on August 12, 2019 by Ciarán Nugent

Precarious Work
There is no accepted definition of what exactly constitutes precarious work. Precarious work takes many forms and is characterised by in-work poverty as well as the insecurity related to the nature of many types of employment contracts (part-time work, temporary contracts, agency contracts, bogus self-employment etc.). Often, multiple forms or categories of precariousness apply to an …

Posted in: Jobs

Tax Breaks: Time for Serious Reform

Posted on August 01, 2019 by Tom McDonnell

Euro coins
Tax reform is an ongoing process. The Irish republic’s tax system is like the proverbial curate’s egg – there are good bits and bad bits. I’m going to focus here on just one of the ‘bad bits’ but first let us consider the key objective of any tax system. Key objectives The key objectives of any tax system are to raise a meaningful amount of revenue for the exchequer while at the same …

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