IBEC urges Government to increase investment in research and development

Ibec is calling on the government to increase investment into research and development as well as childcare in the next Budget.

In the business group’s pre-Budget submission, it’s also seeking an increased entry point into the higher rate of income tax.

The proposals also contain calls for the 9 percent VAT rate for tourism businesses extended to the end of 2023.

Ibec’s chief economist Ger Brady says there’s a broad range of areas they think investments should be made:

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