Written answers

Thursday, 22 October 2015

Department of Finance

Employment Investment Incentive Scheme

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

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]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

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.

Comments

No comments

Log in or join to post a public comment.