Tax institute makes two key warnings in pre-budget paper

Irish Tax Institute made five main recommendations in its pre-Budget submission

This year’s Irish Tax Institute submission highlights that the global economic outlook is uncertain, the risks of inflation feeding into tightening monetary policy and the prospect of energy shortages is casting a dark cloud over the economic outlook.

The Irish Tax Institute has made its pre-Budget submission ahead of this year's Budget Day, which two weeks earlier than usual is scheduled for September 27.

The Irish Tax Institute is a heavyweight when it comes to tax policy, of course, and there are many submissions by various vested industries and sectors be it farm organisations, charities or the construction sector.