Finian McGrath
Question:239. Deputy Finian McGrath asked the Minister for Finance if there is funding for a new business such as a Start Up Refund (details supplied); and if he will make a statement on the matter. [36549/15]
View answerTuesday, 20 October 2015
Questions (239)
Written answers
StartUp Refunds for Entrepreneurs (SURE) provides for a refund of income tax paid in previous years by an employee, an unemployed person or an individual who has been made redundant recently and starts their own qualifying business.
A dedicated website www.sure.gov.ie contains a wealth of information on the scheme and an easy to use online calculator, which allows entrepreneurs to input their details in order to estimate the amount of tax refund they may be eligible to receive.
The Local Enterprise Offices (LEOs), under the aegis of the Department of Jobs, Enterprise and Innovation, promote entrepreneurship and self-help and are now the first-stop-shop for those beginning a new business, as well as those wishing to expand their existing one. The LEOs are the local hub for enterprise support, delivering a comprehensive service to local entrepreneurs and businesses, including referral to the supports of other service providers.
A number of protocols have been agreed between Enterprise Ireland (on behalf of the LEOs) and other support services to provide for a level of cooperation and information exchange with the LEOs in order to assist in the provision of an expansive range of information and assistance to LEO clients. The Protocol between Revenue and Enterprise Ireland provides for this signposting service by the LEOs, including the SURE scheme. Therefore, any individual seeking assistance with an application for the SURE scheme, should approach their LEO in the first instance.