Exchequer Returns Highlight Need for Caution

Chambers Ireland has today (05/05/15) welcomed April’s Exchequer Returns but urged the need for caution.

Speaking today, Mark O’Mahoney, Director of Policy and Communications, Chambers Ireland said, “While overall tax take for the year thus far is ahead of expectations, the month of April was behind profile. This demonstrates the ongoing fragility of our economic recovery and reaffirms the need for Government to be prudent with October’s budget.”

“Any measures introduced to put more money back into people’s pockets in the budget must be spread evenly across the public and private sector to ensure that all workers can feel the benefit. Government has signalled that there will some increases in public sector pay and these increases must be intrinsically linked to ongoing productivity gains,” he concluded.

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For further information contact Amy Woods, Chambers Ireland on 01 400 4319, 086 6081605 or email amy.woods@www.chambers.ie