Inquiry into Economic Growth and Job Creation in a Reduced Tax Environment - How to Respond
Following the announcement by the Secretary of State for Northern Ireland in January 2015 that the Westminster Government will introduce a bill to devolve corporation tax varying powers to Northern Ireland from April 2017, The Committee for Enterprise, Trade & Investment is to conduct an Inquiry to consider the potential for economic growth and job creation following reduction in corporation tax in Northern Ireland. The Inquiry will centre on how this two year period can be used to maximise the potential of Northern Ireland as a region to attract investment, grow the economy and create jobs. The key focus for the Committee will be on the other economic drivers Northern Ireland can influence and must have right in order to maximise its potential.
The Committee would welcome your views to form part of this Inquiry and requests that you submit written evidence by e-mail to committee.eti@niassembly.gov.uk or by post to the following address:
Jim McManus, Clerk to the Committee for Enterprise, Trade and Investment
Northern Ireland Assembly
Room 375, Parliament Buildings, Ballymiscaw, Stormont, Belfast, BT4 3XX.
Email: jim.mcmanus@niassembly.gov.uk
Tel. No. 028 9052 1230
Key areas you may wish to consider include:
- What are the key economic drivers (other than low corporation tax) that the Executive can influence in order to maximise the potential of Northern Ireland to attract inward investment, grow the economy and create jobs?
- Which of these key economic drivers are considered priorities for the manufacturing sector?
- Which of these key economic drivers are considered priorities for the services sector?
- How well is each of the priority economic drivers currently developed in Northern Ireland to support inward investment, economic growth and job creation?
- What actions need to be taken, and by whom, to address any gaps in the priority economic drivers?
A list of economic drivers which you may wish to consider is included at Appendix 1 below.
Written submissions should be structured to address the terms of reference of the Inquiry which can be obtained here.
I would be grateful for a reply by 10 March 2015.
Yours sincerely,
Jim McManus
Clerk, Committee for Enterprise, Trade and Investment
Appendix 1
Access to Finance |
Access to Markets |
Access to Suppliers |
Business Regulation |
Communications Infrastructure |
Energy Costs |
English Language |
Government Support (Financial) |
Government Support (Practical) |
Higher and Further Education |
Innovation and R&D Environment |
Labour Costs |
Labour Relations |
Lifestyle |
Living Standards |
Macroeconomic factors |
Political Climate (national) |
Political Climate (regional) |
Productivity |
Public Transport Infrastructure |
Road and Rail Networks |
Security |
Skills and Education |