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It’s important we maintain a sense of professionalism as we ride out the recession. The black market (otherwise known as accepting cash without receipt) usually flourishes when business is tight but has negative effects for the wider economy. So why is the government encouraging the black market by punishing the self-employed for being, well, self-employed? The extra 3pc Universal Social Charge on self-employed (earning over E100K) discourages job creation and entrepreneurship, according to a survey. Some of the brightest and best contractors and consultants are self-employed. Unlike a Ltd company set up, they have no protection for their personal assets should things go wrong for their business. In a survey conducted among delegates at the Iris
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The Government is banking on an innovation revolution to play a major part in extracting the country from the economic and financial black hole into which it has toppled so unceremoniously. In the last few weeks, two leading State groups, FAS and the Innovation Taskforce, have produced major reports suggesting that further shifts up the technological tree can produce major dividends in the area of job creation. According to the latest FAS Manpower Forecasting Study, the number of employed scientists, engineers, business and IT professionals grew strongly in recent years, with employment in each of these categories at least doubling between 1996 and 2008. This trend is expected to resume as a reco
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