Written answers

Tuesday, 23 September 2014

Department of Finance

Seed Capital Scheme Eligibility

Photo of Brian WalshBrian Walsh (Galway West, Independent)
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169. To ask the Minister for Finance if he will consider extending the seed capital scheme to allow individuals to apply who intend to operate as sole traders or partnerships rather than incorporated companies. [35645/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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It is a longstanding practice of the Minister for Finance not to comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions.

However, as the Deputy will be aware, a review of the Employment and Investment Incentive and Seed Capital Scheme was carried out this year. Part of this review included a public consultation and a series of stakeholder meetings. The results of this review will be considered as part  of the forthcoming Budget and Finance Bill and any announcements will be made on Budget Day.

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