Start-up hurdles ‘must be removed’

Ireland runs the risk of losing its attractiveness to internal and external entrepreneurs if the Government doesn’t remove certain "obstacles" to start-up firms in next week’s budget, one lobbyist has warned.

Start-Up Ireland, the nationwide mentoring and lobby group for entrepreneurs, has called for the introduction of capital gains tax reliefs and PAYE tax credits for owner-managers.

In its pre-budget submission, the not-for-profit organisation yesterday said that Ireland’s future economic growth was closely linked to the performance of the country’s start-up sector.