Ireland's Minister for Finance, Michael McGrath, announced government measures to assist struggling businesses, including VAT and PRSI reductions, and increased energy efficiency grants.

Ireland's Minister for Finance, Michael McGrath, announced the government will introduce measures to assist struggling businesses before the next budget. These measures include targeted reductions in VAT and employer's PRSI for certain sectors under financial strain, as well as increasing the energy efficiency grant for businesses. The announcement follows a report by Enterprise Minister Simon Coveney which highlighted the need to improve wages, minimum wage, and leave entitlements for workers, impacting businesses.

March 26, 2024
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