Last week, the Institute, under the auspices of the CCAB-I, wrote a letter to the Minister for Finance setting out a range of proposals to address various legacy issues within the Employment Investment Incentive Scheme (EIIS) which have been carried forward from the days of the Business Expansion Scheme (BES). The issues highlighted in the letter are not matters arising from differences in the understanding of tax policy. Rather, the issues identified are areas where the legislation could be updated without impacting the integrity of the relief and without conflicting with the General Block Exemption Regulation (GBER). The proposals will, in our view, provide clarity to taxpayers and advisors, and also simplify the legislation by removing obsolete provisions.