In a press release issued today, Onlinetradesmen.ie, Ireland's largest source of qualified trade professionals, announced results from over 900 Irish Tradesmen surveyed on the state of the Irish construction sector and the main issues facing their businesses.
It is estimated that 72% of respondents rated the lack of credit from banks as the main impediment to growth in the sector. Furthermore, 83% cited a reduction in income tax rates for the self-employed as a requirement in Budget 2015.
Onlinetradesmen.ie is Ireland's largest online source of qualified tradesmen and builders. It enables property owners to get free quotes for all their home improvement projects online from both rated and qualified trade professionals. It is the only standards based service of its kind and has worked with the RIAI (Royal Institure of Architects), RECI, FAS among other trade bodies to ensure the qualifications of its members.
Onlinetradesmen.ie also provides business support service to Ireland's qualified tradesmen to assist them in building their businesses and promoting their services.
Ted Laverty, CEO OnlineTradesmen.ie said, "The survey provides an insight into the challenges facing the large community of self-employed workers prior to the next election, issues which all political parties must take on board.
The poor supply of banking credit for SME construction companies continues to depress the sector and the results show that existing facilities need to be re-structured. Immigration continues to take its toll on the availability of skilled labour with no real incentives in place to entice those who have left to return to work in Ireland.
As it stands Ireland is under-skilled for any significant increase in construction activity. We're hearing lots of rhetoric about the recovery of the construction sector but this feedback shows that there are many issues on the ground which haven't yet been addressed."
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