RATES and their impact on small and family-run businesses were in the spotlight at the January meeting of the local authority with Clare’s newest county councillor called for their reform. Tabling his first motion since being coopted to the local authority, Councillor Tom O’Callaghan called on the Minister for Housing, Local Government and Heritage to amend the Valuation Act to ensure rates are based on the profits a business makes, rather than the size of its premises. He urged that this be done before the revaluation process, currently being conducted, becomes effective from January of next year. “I believe very strongly our focus needs to be on protecting the viability of the small to medium family-run business, through County Clare, especially in the heart of our towns and our rural villages,” he told the chamber. “Any support, reduce costs is needed and very much appreciated.” The Ennis district member outlined the spiralling costs of credit for small businesses and highlighted …
Read More »McNamara concerned lockdown favoured multinationals over small business
CONCERN has been raised by the Chairperson of the Covid-19 Committee that restrictions associated with the coronavirus have disproportionately impacted on small business and driven economic activity “into the hands of multinationals”. Deputy Michael McNamara made his remarks this week as the committee heard from representatives of the business sector. The Scariff-based deputy handed over the chairperson’s role to Deputy Mary Butler, in order to question witnesses Danny McCoy of IBEC and Neil McDonnell of ISME. He noted that a concerning trend during lockdown had been a boost in business for multinationals at the expense of small business. “One of the most worrying economic or financial aspects of the restrictions was the extent to which all economic activity was driven into the hands of multinationals, many of which are headquartered outside of Ireland and pay their taxes elsewhere,” he told the committee. “Farmers’ markets, for example, were inexplicably shut down and people had to go to supermarkets, all of which …
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