Pat McCormick, Michael Gaynor, Sean Farrell President , Thomas McDonagh Treasurer and Paddy Malone PRO Dundalk Chamber
Dundalk Chamber is calling on the public and companies to support local shops and help sustain jobs as they reopen tomorrow, Monday.
Commenting on the announcement that there are now over 360 local shops and businesses redeeming “Shop Local Gift Vouchers” Chamber President Sean Farrell is calling on members of the public and the business community to get behind the Shop Local Vouchers Scheme and use them as gifts for special occasions such birthdays, retirements, weddings and for staff rewards.
He said: "Every €10 spent locally on Irish products generates more than €40 of benefit to the local community in terms of employment.
"The retail sector employs more people than any other sector in the Irish economy. "Retailers and suppliers are currently under significant pressure and its now more important than ever to shop local.
"Local shops use local services such as accountants, insurance brokers and suppliers.
Mr Farrell is calling on local employers to get behind this voucher scheme as shops reopen and give the Shop Local Gift Vouchers as the staff reward.
Employers can save 56% on staff rewards by giving employees a Shop Local Gift Voucher instead of cash, he said.
Paddy Malone PRO of Dundalk Chamber said: “Businesses can reward their staff with a €500 tax free payment.
"You are entitled to give one each and every year.
"Under the Small Benefits Exemption Scheme, company Directors and Employees can receive a non-cash bonus of up to €500 in value on a completely tax-free basis each year and he would encourage all employers to buy this voucher for the town”.
By buying the “Shop Local Gift Vouchers” not only can you save money by taking advantage of the Government Small Benefit Exemption Scheme, but it is also a fully deductible business expense for your company.
If you have not availed of the Small Benefit Exemption Scheme so far in 2021, Paddy said he would encourage people to do so before 31st December 2021 and use Shop Local Gift Vouchers for this.
He continued: "The added advantage of these vouchers is that they do not expire over time unlike other vouchers”.
If you want to buy vouchers you can purchase online on www.dundalk.ie/vouchers or directly from the Dundalk Chamber Offices by calling Tel: 042 9336343 or email firstname.lastname@example.org
To check out the full list of outlets who are redeeming the Shop Local Gift Vouchers visit http://shoplocal.dundalk.ie
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