THE Consultative Committee of Accountancy Bodies in Ireland has called on the Minister for Finance to consider changes in the equity and administration of tax in Ireland.

In its second Budget submission, the CCAB has urged Mr Quinn to amend procedures relating to surcharges in the Budget.

Changes to retirement annuities, motor car reliefs and corporate double taxation agreement should also be considered, it said yesterday. The accountancy body has also called for the introduction of tax relief on borrowings for companies funding the purchase of its own shares.