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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