Thursday September 24, 2020

Plummeting investment prompted BES changes

Brian Cowen is hoping that increased limits will draw investors away from property and into business, writes Ian Kehoe.

9th December, 2006

The decision to extend and increase the scope of the Business Expansion Scheme (BES) and the Seed Capital Scheme comes at a time when the number of investors and companies who use the schemes is at an all-time low.

By raising the ceilings, Minister for Finance Brian Cowen is hoping to increase take-up of the schemes, and to convince investors to put their money into businesses, instead of property. According to figures from the Revenue...

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