“Right now the labour market model is not functioning, the tax and welfare systems pose significant challenges, and there’s a big lost opportunity there. The world of work is moving at a pace that the administrative systems, particularly on the island, are not keeping pace [with],” he added.
For example, those who lost their jobs in Northern Ireland were able to claim the Pandemic Unemployment Payment, and those working remotely from the Republic did not incur ‘double tax’ liabilities in both jurisdictions. Ibec also outlined other concerns regarding connectivity between Northern Ireland and the Republic, in particular relating to the development of an all-island energy system and investment in infrastructure.
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