Business

Neil McDonnell: SF’s tax reform proposals are a welcome start to the debate

The party’s proposed amendments have merit, but some tweaks would benefit the SME sector and give greater equity of taxation

Pearse Doherty, Sinn Féin finance spokesperson: signalling an intention to revisit incentives for innovation for the small and medium enterprise sector. Picture: Sinn Féin

Neil McDonnell is chief executive of the Irish SME Association (Isme)

Last Sunday’s Business Post noted several proposals from Sinn Féin to amend Ireland’s tax and PRSI regime, many of which will be welcomed by the small enterprise sector.

Most notable was an intention to revisit incentives for innovation for the small and medium enterprise sector such as the R&D Tax Credit. This and other incentives, such as the Knowledge Development Box (KDB) and the ...