IBEC Midwest Describes Nothern Tax Cut As Concerning

IBEC MidWest has described as concerning, a decision to slash corporation tax in Nothern Ireland to 12.5 per cent.

The deal was secured as part of the Stormont House agreement and will see a cut in the rate of tax paid by businesses from 2018.

Its feared the move will put the North in direct competition with the republic for investment and jobs.

Actin Regional Director for IBEC Midwest Sinead Mullins says other ways to attract businesses to Ireland must be looked at.