Employment & Investment: Businesses give warm welcome to removal of EII scheme restrictions

The removal of the Employment and Investment Incentive (EII) scheme from the High Income Earners' Restriction (HIER) in the recent budget has been widely welcomed by businesses seeking to raise funds under the scheme.

24th November, 2013

The removal of the Employment and Investment Incentive (EII) scheme from the High Income Earners' Restriction (HIER) in the recent budget has been widely welcomed by businesses seeking to raise funds under the scheme, according to Sinead Heaney, partner in corporate investment at BDO.

Since 2011, Heaney explained, a portion of the tax relief available under the scheme had been subject to the High Earners' Restriction. ''This limited the ability of high-earning individuals to benefit...

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