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'10k jobs could be created with PRSI cut

Tuesday, July 22 12:35:14

RGDATA, the association for the independent retail grocery sector, today said that the Government could create up to 10,000 jobs in the sector by bringing back the 4.25pc Employers' PRSI rate in Budget 2015.

The RGDATA Pre Budget 2015 submission also called on the Government to bring in measures to revitalise the country's town centres.

"The policies adopted by the Government in Budget 2015 will have a direct impact on the capacity of the SME sector to create employment, particularly in sectors of the economy that have suffered the brunt of recession," said Tara Buckley, Director General, RGDATA.

"RGDATA supports Government policies to stabilize the public finances, underpin Ireland's competitiveness, put money in people's pockets and support small and medium sized family owned businesses as the key drivers of job creation and local economic activity," she added.

Its pre Budget submission also calls for funding for the establishment of Town Teams to lead the economic and social recovery of towns and villages, measures to tackle the black market, maintain the 9pc VAT, a specific JobBridge Internship Scheme for the retail sector, to put a stop to new costs and red tape for retailers and confirm the current tobacco licensing system will remain unchanged.

"The independent retail grocery sector is a key contributor to the national economy and has a disproportionately significant impact in local economies. This is nowhere more apparent than in the contribution made by the independent retail grocery sector on local employment," said Ms Buckley.

For more visit: www.businessworld.ie