This occurs as there is a fresh effort to help small businesses and their owners, which is expected to be Simon Harris, the taoiseach.

The Irish Times reports that some Fine Gael members believe Mr. Harris ought to defy tradition and propose tax reforms prior to the budget, with a focus on lowering employers' PRSI and VAT in specific underperforming industries.

Mr. McGrath stated that the Department of Enterprise had just commissioned a new analysis that looked at the effects of the different policy initiatives the government has implemented to enhance working conditions, such as increases in the minimum wage and salary hikes.

The Minister for Fianna Fáil stated on RTÉ's Morning Ireland that “Business suffers as a result of the combined impact of all those measures, and as a result, we've already made some indications about the actions we're willing to take.”

“There is an increase in the company energy efficiency grant. We have determined the impact of the step effect on employer PRSI, which is related to the low employer PRSI rate that is connected to low-income levels.”

“And we're determined to look at that area before the budget is approved. We spoke about this at the Cabinet committee level few weeks ago.”

He went on to say that he hoped to see the €250 million in incentives promised in Budget 2024 distributed to businesses in the upcoming weeks.