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

145. To ask the Minister for Finance the tax expenditure, the number of participants and the jobs supported under the employment and investment incentive and seed capital scheme in each of the years 2013 to date; and if he will make a statement on the matter. [45969/15]

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

I am advised by the Revenue Commissioners that a wide range of statistical information is available on the Commissioners' Statistics webpage: . In relation to the Deputy's Question, the latest information on the cost and numbers availing of the "Employment and Investment Incentive (EII)'' and "Investment in Seed Capital" schemes can be found at . The latest full year for which information is available is 2013. Updates for 2014 will be published in due course.

Data in relation to the number of jobs supported should become available at a later stage. Under the terms of the incentive, relief in respect of 30% of the amount invested in a qualifying company is granted to the investor in the year of investment, while the balance is only due where it has been proven that employment levels have increased at the company, or where evidence is provided that the company used the capital raised for expenditure on research and development, at the end of the holding period. Claims for the balance of the relief are due from this year.

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

146. To ask the Minister for Finance the tax expenditure, the number of participants and the jobs supported by the special assignee relief programme in each of the years 2013 to date; and if he will make a statement on the matter. [45970/15]

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

I am informed by the Revenue Commissioners that a report on the Special Assignee Relief Programme for 2012 and 2013 has been published and is available on the Commissioners website at: . This report was also sent to the opposition spokespersons on Finance for their information.

The Revenue Commissioners will prepare a similar report in relation to the 2014 tax year, which should be finalised during the first quarter of 2016.