TaxCorporate TaxIrish accountants plead for corporate tax cut

Irish accountants plead for corporate tax cut

Institutes claims cut would kick-start the local economy

Accountants from the Institute of Chartered
Accountants
in Belfast and the ICAI have
called on the First Minister,
Rev Ian Paisley, to
secure Northern Ireland a reduction in the rate of corporation tax from
chancellor Gordon Brown.

The plea was made to Paisley when he opened the new office of the ICAEW in
Belfast.

Accountants stressed how important a cut to the 12.5% charged in the Irish
Republic could be to kick-starting the local economy.

Jim Aiken, vice-president of the ICAI, said reducing the tax rate would be
good for both sides of the border.

‘To be truly successful in the international market, this island economy must
display a united front to the world. By acting as closely as we can, both
territories will surely benefit,’ he added.

Further reading:

Northern Ireland education authority’s accounts
qualified

Fraud and errors blight Northern Irish welfare system

BT wins Northern Ireland accounting contract

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