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Tax Reliefs

Dáil Éireann Debate, Tuesday - 12 June 2012

Tuesday, 12 June 2012

Questions (104)

Olivia Mitchell

Question:

189 Deputy Olivia Mitchell asked the Minister for Finance the total investment arising from the business expansion scheme; the total number of companies that claimed the tax relief, before it was superseded by the introduction of the employment and investment incentive scheme, in each of the years 2008 to 2011, inclusive; and if he will make a statement on the matter. [27813/12]

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Written answers

The estimated amount of investment approved under the Business Expansion Scheme (other than investments approved under the Employment and Investment Incentive Scheme) in the calendar years 2008, 2009, 2010 and 2011 is as set out in the following table. The number of companies which benefited from these investments is also provided.

Business Expansion Scheme Investments

Year

Amount of Investment Approved in the Calendar Year — €m

Number of Companies

2008

135.8

290

2009

62.3

198

2010

58.3

215

2011*

41.0

189

*Provisional.

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