In its pre-Budget submission, published earlier this week, the Irish Business and Employers Confederation (IBEC) called for an indexation of tax bands and a governmental commitment to retain the country's 12.5% corporate tax rate.
In order to remove those earning average wages from the top tax band, IBEC urged the government to increase the standard rate by around EUR5,000 to EUR33,000.
The business and employers group also called for an extension of the relief available under the Business Expansion and Seed Capital schemes, but warned against further extending property tax reliefs.
Urging the Irish authorities to deliver "value for money", and to avoid a public "spending spree", IBEC observed that:
"While the country is seeing an improvement in growth, the greatest danger is that policy makers could become complacent."
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