In particular, recognising the clear distinction between the roles of non-executive directors from executive directors would be of great benefit to Irish companies in their ability to attract the right talent and diverse experience onto their board. Recognising the skills of these non-executive directors in the tax code could bring new and different perspectives as well as more specialised skills into the Irish boardroom.
A number of our members raised a growing issue with the tax status of travel expenses for e-workers. The general comments suggested that there was a need for clear guidance in this area. Ibec’s view is that this will become particularly important with the changing trends in people splitting time between e-working and office based work.
Finally, clarity is needed on allowable expenses for travelling salespersons. In many cases the current rules are neither practical nor fair. This is particularly true where the salesperson covers a large region. Changes should be made so that a person currently disadvantaged under mileage and overnight rules are not left out of pocket where there is a clear business case.
Monday, 24 August 2015