Employment and investment incentive scheme (EII)
The Employment and Investment Incentive (EII) is a tax relief incentive scheme which provides for tax relief of up to 40% in respect of share investments made in certain companies.
The EII scheme allows an individual investor to obtain income tax relief on investments for shares in certain companies from a minimum of €150 to a maximum of €150,000 per annum in each tax year up to 2020.
Initially relief is allowed on thirty fortieths [30/40] of the EII investment in the year the investment is made. Potentially, this may result in a tax saving for the investor of up to 30% of the investment.
Subject to qualifying conditions
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