Cork Chamber: Cut Capital Gains Tax to 25% to stimulate economy

Restoring air connectivity is one of Cork Chamber's Budget priorities

Seamus Downey, of EY, chair of the Cork Chamber budget committee, with chamber president, Paula Cogan, launching their pre-budget submission. Picture: Darragh Kane

Cork Chamber said the government must extend the Employment Wage Subsidy Scheme (EWSS) beyond March 2021 and implement a temporary reduction in Capital Gains Tax to stimulate economic activity.

Publishing its pre-budget submission the Chamber said Budget 2021 must be about securing Ireland's economic resilience through infrastructural investment and finessing the pandemic supports and tax measures.