EIIS a handy wellspring for SMEs and start-ups

EIIS a handy wellspring for SMEs and start-ups

Companies are still benefiting from the Employment Investment Incentive Scheme, which is scheduled to run until 2020, writes Joe O’Shea

SMEs and start-ups across a wide range of sectors are continuing to benefit from the Employment Investment Incentive Scheme (EIIS), due to run until 2020.

More than €50 million was invested through the scheme in 100 or so Irish businesses in 2017, according to estimates by investment managers BVP. The average investment was €20,000 and for most investors, the tax relief allowed was earned upfront.

Minister for Finance Paschal Donohoe used the recent Finance Bill to make changes to the...

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