TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

EII Scheme public consultation launched

The Department of Finance launched a public consultation on the Employment Investment Incentive (EII) Scheme. The Minister for Finance, Paschal Donohoe TD, referred to this consultation process in his Budget 2021 speech, noting the need for enhancement to the scheme in light of the pandemic. The CCAB-I response to the consultation will be submitted by mid-February 2021.

Interested parties were invited to make submissions regarding:

  1. Enhanced support for start-ups through EII.
  2. Broadening the eligible funds from Irrevocable Trusts/Designated Investment Funds by opening EII Funds to other relevant regulated fund structures.
  3. The relationship between the Renewable Energy Support Scheme (RESS) and EII.
  4. How EII might respond to the changing environment in which it operates.
  5. Any matters considered relevant.