The submission sets out a range of proposals, including action to cut crippling regulated energy charges for businesses and reduce capital gains tax to stimulate investment
Guaranteed Irish has published its Pre-Budget 2027 submission, calling on the Government to take targeted action to strengthen enterprise competitiveness, unlock investment, and address rising cost pressures facing businesses in Ireland.
Against a backdrop of increasing geopolitical uncertainty and cost volatility, the organisation proposes a focused package of fiscal measures to support businesses operating in Ireland, sustain innovation, and enhance long-term economic resilience.
The submission outlines two key priority areas for Budget 2027: enabling businesses to invest and grow in Ireland and tackling some of the root causes of persistent energy-related cost pressures.
Guaranteed Irish has emphasised the benefit of a competitive enterprise environment to supporting entrepreneurs, scaling businesses, and attracting inward investment, particularly in high-value and innovation-led sectors.
The organisation is calling for a series of targeted measures to improve access to capital, incentivise innovation, strengthen workforce capability, and support high-quality jobs, including:
- A reduction in Capital Gains Tax to 20%
- Expansion of the R&D Tax Credit to 40%
- Reform of capital allowances to accelerate investment
- Introduction of a staff training voucher to support upskilling
- A reduction in regulated electricity network charges for businesses
- Increased investment to address grid capacity constraints and improve resilience
The submission highlights the growing burden of energy costs on businesses, with electricity prices and regulated network charges continuing to rise. Guaranteed Irish warns that these pressures, combined with grid constraints and reliance on imported fossil fuels, impact competitiveness and increase Ireland’s exposure to external price shocks.
To address this, Guaranteed Irish is calling for immediate cost relief and longer-term investment in renewable energy, grid infrastructure, and market diversification, through:
Brid O’Connell, CEO of Guaranteed Irish said: “This submission has been informed by direct engagement with our members and reflects the practical challenges and opportunities they face.
A central message of this submission is the need for a more balanced approach to economic development, one that recognises the role of Domestic Direct Investment alongside Foreign Direct Investment in securing Ireland’s long-term resilience.
At a time of elevated costs and pressures for businesses, Budget 2027 presents an opportunity for the Government to take action to strengthen enterprise competitiveness, unlock investment, and support businesses to grow and innovate.”
Guaranteed Irish. Supporting business that supports Ireland.
