Ifac’s new report: more ‘fiscal gimmickry’ from the government

Plus, Revenue’s guide to weeding out bogus self-employment

Listen | 33:25
The Irish Fiscal Advisory Council have said current government spending policy is “not appropriate for the economy or the public finances”. Photograph: Niall Carson/PA Wire
The Irish Fiscal Advisory Council have said current government spending policy is “not appropriate for the economy or the public finances”. Photograph: Niall Carson/PA Wire

The Irish Fiscal Advisory Council’s latest report has reiterated their stance that government spending plans risk overheating an economy already at full capacity. Is their plea for caution correct given the corporation tax receipt bonanza that shows little sign of abating in the short-term?

Niall Conroy is chief economist with IFAC and he joined host Cliff Taylor on this episode of Inside Business to air the council’s concerns.

Plus, there is likely to be a rise in workplace audits after Revenue state commissioned freelance work will ‘generally’ indicate person should be treated as an employee. So, how do you know if you are a freelancer or a company employee? Irish Times journalist Laura Slattery and head of employment law at Addleshaw Goddard, Maura Connolly give some insight into Revenue’s guidance on the issue.

Produced by John Casey with JJ Vernon on sound.