SFA Submits Budget to Government
The Small Firms Association has published its submission for Budget 2025. The budget submission reflects a range of concerns from small firms, most notably rising business costs. The submission focusses on three topics creating better conductions for businesses to survive and hopefully flourish. They are tackling business costs, easing the tax burden, and upskilling the workforce. More specifically, the SFA is calling for the introduction of a PRSI rebate to assist small businesses with the transition towards the Living Wage rates and to develop a creative tax system that can best support small firms.
Reacting to the Budget 2025 submission, SFA Director, David Broderick said the following:
“If the Harris administration is serious about continuing its support for Ireland’s small firms, it must place small business community is at the heart of this budget. A cost of business survey, recently published by the SFA, showed that one in three businesses will run out of liquidity in six months. The same survey showed an average of a 16 per cent increase in business costs in the past 12 months. The current situation is not sustainable, and action is required.
“The key ask form the SFA is the introduction of a PRSI rebate to assist firms with the transition towards the Living Wage rates which are due to come into force.”
Key links below:
For more information on the SFA Budget 2025 Submission and interviews, please contact SFA Director, David Broderick - Tel: 01 605 1649 | Email: david.broderick@sfa.ie
