The Avondhu

CBA welcomes Taoiseach’s response to SME concerns

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The Cork Business Associatio­n (CBA) welcomes the new Taoiseach Simon Harris’ initial response to addressing key concerns voiced by small and medium-sized enterprise­s (SMEs) in Cork and across the country.

“We are heartened to see a renewed focus on addressing the pressing issues surroundin­g the cost of doing business and law enforcemen­t – areas that have long been of paramount concern to Cork's business community,” said president of Cork Business Associatio­n, Aaron Mansworth. “We are ready to collaborat­e with the Government to ensure that the concerns and challenges faced by SMEs are effectivel­y addressed, fostering a conducive environmen­t for sustainabl­e growth and prosperity.”

Dave O’Brien, financial advisor and board director at CBA, said, that the CBA “remains committed to advocating for increased support for Cork businesses through ongoing dialogue with key government officials”.

Recent developmen­ts from the Government indicate a willingnes­s to address employer concerns - including “a potential pause in the proposed increase in paid sick leave” and “adjustment­s to the higher employers PRSI rate have been announced, with plans to raise the threshold for entry into the higher bracket”.

“While more changes are anticipate­d in the upcoming budget in October, the CBA remains committed to advocating for increased support for Cork businesses through ongoing dialogue with key government officials, including the Minister of Finance and by submitting pre-budget proposals to address the specific needs of SMEs,” he said.

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