Understanding the details of the 2012 incentive
Cora O’Brien, policy director of the Irish Tax Institute, explains the Employment and Investment Incentive
The Employment and Investment Incentive (EII) was introduced in 2012 as a successor to the Business Expansion Scheme (Bes).
The scheme works by providing tax relief of up to 40 per cent for individual investors who subscribe for new shares in qualifying companies. The relief is granted in two tranches; 30 per cent is available in the year of investment, and a further 10 per cent relief can be claimed after three years, ...
