Budget 2015: Tax credits needed for equity investment

Targeted and measurable taxation policies must be considered to provide a stimulus to the SME sector, which could potentially have a hugely beneficial effect on growth and employment

12th October, 2014
Cormac Fitzgerald, president of CPA Ireland and managing partner of Fitzgerald and partners

Targeted and measurable taxation policies must be considered to provide a stimulus to the SME sector, which could potentially have a hugely beneficial effect on growth and employment, writes Cormac Fitzgerald.

There are two such measures CPA Ireland would like to see in Budget 2015. The first is a tax credit for equity investment by entrepreneurs in their businesses.

Similar to section 253 of the Taxes Consolidation Act 1997, which provided for a deduction for interest...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say