Business boost with raised EIIS tax break limits

Mary McKeogh, partner, HLB McKeogh Gallagher Ryan

The Employment and Investment Incentive Scheme (EIIS) is a government initiative that aims to increase availability of investment finance for business.

In a bid to bolster such investment, changes to the rules were announced in Budget 2015 and Budget 2016. These include an increase in the limit on the amounts that can be raised by companies from €2.5 million to €5 million in any 12-month period and €10 million to €15 million in ...