Government plans to cut the administrative burden to businesses by a quarter will help to foster investment and create jobs, according to Minister of State for Tourism and Sport, Michael Ring.
“The Government is acutely aware of the burden placed on businesses by excessive red tape and bureaucracy. That’s precisely why a cross-departmental project has been launched to cut administrative burdens across seven departments and revenue by 25 per cent by the end of next year. This should result in savings across the economy of €500 million,” explained Minister Ring.
“This is all about creating the environment for jobs. Businesses across Mayo are struggling to stay afloat, and many local entrepreneurs have told me that excessive red tape leads to a waste of their time and money.
“Work at addressing these issues is already well under way. The Department of Enterprise, Jobs and Innovation has successfully cut its administrative burden by 22 per cent. The High Level Group on Business Regulation, which includes representatives from business and trade unions, has also been keeping the Government up to date on the situation.
“The Government wants to hear from businesses on this issue. Minister for Small Business, John Perry, will be convening workshops around the country to hear directly about the situation on the ground, from those who know it best. By working with local SMEs, this Government wants to make Ireland the best place in the world to do business,” concluded Minister Ring.