Monday February 17, 2020

Revenue boss wants major reform in tax breaks for small businesses

Cody favours switching from current Revenue-approval scheme to self-compliance system

6th May, 2018
Niall Cody, the chairman of the Revenue Commissioners

The chairman of the Revenue Commissioners has signalled his preference for major reforms to the state’s key tax break scheme for small business.

The Employment Investment and Incentive Scheme (EIIS) replaced the widely used Business Expansion Scheme (BES), in 2012, but has been hit by backlogs and legislative changes, which critics say have stymied its effectiveness.

Niall Cody, the chairman of the Revenue Commissioners, told The Sunday Business Post that he would support administration...

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