Written answers

Thursday, 5 December 2019

Department of Finance

Employment and Investment Incentive Scheme Data

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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83. To ask the Minister for Finance the annual cost of the employment and investment incentive scheme in each year since it commenced including 2018; the number of companies that availed of the scheme in each of the years by multinational and SME companies; and if he will make a statement on the matter. [51040/19]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that data on the Employment and Investment Incentive (EII) Scheme can be found in the EII statistics report on Revenue’s webpage at the following link:


EII has been in operation since 2011 when it replaced the Business Expansion Scheme. The following table sets out information on the number of qualifying companies and the annual Exchequer cost for the years 2011 to 2017 (the most recent year for which data are available).

Year Qualifying Companies Estimated Tax Cost (1st tranche) €m Estimated Tax Cost (2nd tranche) €m
2011/2012 255 15.7 3.2
2013 248 17.3 2.9
2014 297 23.3 2
2015 270 28
2016 203 31
2017 87 18.6

The EII scheme applies to unquoted micro, small and medium sized trading companies only. Therefore, the question of data in respect of multinational companies under the scheme does not arise.


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