Wednesday February 26, 2020

Light relief for small business

While Budget 2019 saw some tax relief improvements to help SMEs, experts say it’s a case of a lot done, a lot more to do, writes Emma Kennedy

27th January, 2019
3

When Minister for Finance Paschal Donohoe delivered his budget speech last October, he said the government “recognises the value of SMEs to the economy and to job creation”. With this in mind, Budget 2019 and the subsequent Finance Bill saw some tweaks to the tax relief schemes designed to support SMEs – but lobbyists and tax experts say there is still room to improve.

According to Neil McDonnell, chief executive of small business organisation...

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