Cash remains king, and the Budget should put more of it into companies’ hands
By enhancing EIIS, investors can now claim double the relief for four-year investments up to €500,000
There are two mantras that I always cite in this column when it comes to investment: that cash is the lifeblood of business, and that simplicity eats complexity for breakfast. Both were addressed in last week’s budget when it came to entrepreneurial business.
Getting cash into these companies’ hands can be helped by favourable tax treatment of investors.
Michael McGrath, the Minister for Finance, said he was enhancing the Employee Investment Incentive Scheme (EIIS) by ...