Written answers
Thursday, 22 October 2015
Department of Finance
Employment Investment Incentive Scheme
Michael McGrath (Cork South Central, Fianna Fail)
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135. To ask the Minister for Finance if he has signed a ministerial order commencing the section of the Finance Act 2014 which would extend the employment and investment incentive for medium enterprises to all counties in the State; and if he will make a statement on the matter. [36938/15]
Michael Noonan (Limerick City, Fine Gael)
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Following discussions with the EU Commission with regard to the State Aid rules, a number of changes were made to the Employment and Investment Incentive via Financial Resolution taken on Budget night on October 13th last. That resolution also commenced the changes announced to the EII in last year's Budget and included in Finance Act 2014.
The changes, inter alia, allow all medium-sized enterprises located in the State to qualify for the Incentive, provided they meet all of the other qualifying conditions.
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