EII Tax relief scheme

Employment and Investment Incentive Scheme (previously known as BES)

The Employment and Investment Incentive (EII) is a tax incentive which provides for tax
relief of up to 40% in respect of investments made in certain companies.

The EII allows an individual investor to obtain income tax relief on investments for shares in certain
companies up 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 can result in a tax saving for the investor of up to 30% of the
investment.

Relief in respect of the further ten fortieths [10/40] of the EII investment will be available in
the fourth year after EII investment was made providing that certain conditions are met.

Potentially, this can result in a further tax saving for the investor up to 10% of the
investment.

Subject to qualifying conditions and criteria

Any queries give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie