ICAI News - 30th March 2009

Mon, Mar 30, 2009


A number of Commencement Orders have issued in the past weeks. SI 76 of 2009 lists further energy efficient products whose capital cost will be eligible for accelerated capital allowances; SI 91 of 2009 deals with F(No. 2)08 s37 Energy Efficient Equipment; SI 97 of 2009 deals with F(No 2)08 s28(1) Film Relief; SI 98 of 2009 deals with FA08 s32(1)(b) Film Relief.

Section 28(1) of Finance (No. 2) Act 2008 provides for an increase in the allowable percentage of a film investment from 80% to 100%; and the allowable amount from €31,750 to €50,000. Section 31(1)(b) of Finance Act 2008 provides for an increase in the overall ceiling per film from €35m to €50m.

The above Commencement Orders are available from the Government Publications Office.

Recommended Reading

Featured book

A Practical Guide to Insolvency by Kavanagh Fennell now available on the iBookstore This easy-to-use guide to the complexities of insolvency in Ireland for business managers, accountants, and other professionals, previously published in paperback, is available for your iPad in the iBookstore and for your Kobo eReader from KoboBooks.

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