County Carlow Chamber and Harney Nolan Chartered Accountants hosted a Breakfast Briefing to discuss Budget 2019 this morning (10th October 2018) in the Talbot Hotel Carlow. An expert panel was on hand to provide insight, analysis and detail on the budget while also discussing the challenges that lay ahead.
Tony Harney, Managing Partner of Harney Nolan opened the morning and started by establishing the scene and discussing the macro environment and the background to budget 2019. He continued by discussing the political v economic elements that are in play and how these impact on the final budget.
The second presentation of the morning was by Dr Martin Meagher, Head of Business at IT Carlow who opened by posing the question of Ireland as a society or economy. Dr Meagher then went on to discuss the issues facing business in the future both nationally and internationally. On the International side, Brexit, USA isolationist policy, Instability of the Political and Economic system, Ecology/Global Warning & online purchasing were some of the topics discussed, while nationally Pensions, Diversity and Equality, Lack of Banking Competition and tax policy were some of the challenges examined.
The nitty gritty elements of the budget were explored by James Nolan, Audit Partner at Harney Nolan. He delved into the world of tax, looking at personal, business and capital taxes, providing some breakdown on the levels of tax collected. James continued to discuss government spending and the proposed cuts before highlighting some of the challenges facing businesses with changes including the PAYE Modernisation.
Full analysis of Budget 2019 is available in a very handy document produced by Harney Nolan Chartered Accountants and is accessible to everyone. Just head along to the App Store or Google Play and download the FREE Harney Nolan App, then scroll down to Budget Pack.