Seanad debates

Wednesday, 3 December 2003

Order of Business. - Budget Statement: Motion.

 

Senators will be pleased to hear that a number of tax reliefs which were due to end have been extended. The business expansion scheme and the related seed capital scheme will continue to the end of 2006 in recognition of the positive role the schemes play in the development of small firms. The ceiling on the amount which can be raised under these schemes is being increased from €750,000 to €1 million. Another measure which I am sure the House will welcome is the extension of the film relief scheme to the end of 2008 with an increase in the ceiling to €15 million per film from 2005.

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