Articles tagged with: black economy

SMALL BUSINESSES SOUND ALERT OVER BOOM IN BLACK ECONOMY

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27 Jul 2012 Comments Off on SMALL BUSINESSES SOUND ALERT OVER BOOM IN BLACK ECONOMY

Small businesses in Co Monaghan and throughout the country are sufferng seriously because of the activities of the so-called ‘black economy’, according to a leading representative body. ISME, the Irish Small & Medium Enterprises Association, has this week called on the Government to introduce tougher sanctions on those who avoid taxes on goods and services. The Association warned that rogue traders, cash only merchants and racketeers are ‘killing’ tax compliant small businesses and costing the state billions in unpaid taxes. According to ISME Chief Executive Mark ...