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Budget 2016: “That’s actually bollox”: tech investors sore after budget disappointment

One laments it was a “miserable day for startups in the budget”

12th October, 2015

Two of Ireland’s leading tech investors have lashed out against budget measures to stimulate innovation and help start-ups.

Brian Caulfield, who is chairman of the Irish Venture Capital Association and a partner in investment firm Draper Esprit, said that he is “immensely disappointed” with reforms to taxation of the self-employed and capital gains tax.

“You’d have to welcome the movement in terms of the (self-employed) tax credit, that helps entrepreneurs and...

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