Olivia Mitchell (Dublin South, Fine Gael)
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Question 188: To ask the Minister for Finance the total investment arising from the employment investment and incentive scheme in 2011 and 2012 to date, the total number of companies that have claimed this tax relief; the total amount of relief claimed; and if he will make a statement on the matter. [27812/12]

Michael Noonan (Limerick City, Fine Gael)
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The amount of investment approved under the Employment and Investment Incentive in 2011 and 2012 to date is set out in the following table. The number of companies that benefited from these investments is also included.

Employment and Investment Incentive

* The EII was introduced from 25 November 2011 and no investments were approved in 2011. Statistics were recorded by reference to the date of approval of claims. It is normal for claims for relief on investments to be submitted to Revenue one month or more after the date of share issue.