Oireachtas Joint and Select Committees
Tuesday, 17 November 2015
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2015: Committee Stage
4:00 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
Did the Minister give any consideration to increasing the annual investment limit for individuals, which currently stands at €150,000? The point has been made to me that the scheme would be far more effective and yield far greater results if it was made more attractive for investors. The Minister has made some changes which allow companies to raise more finance under the scheme but from the point of view of the investor if it could be made more attractive there might be a lot more investment in Irish companies that are seeking to expand, thereby benefitting the economy and providing additional employment. I am interested in hearing the Minister's views on that point.
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