Dáil Éireann Debate, Tuesday - 24 July 2018
280. Deputy Michael McGrath asked the Minister for Finance the take-up of the key employee engagement programme in each month since its establishment; the number of companies that have availed of the scheme in each of these years by multinational companies and SMEs; and if he will make a statement on the matter. [33926/18]
View answerI am advised by Revenue that as the Key Employee Engagement Programme (KEEP) only came into effect on 1 January 2018, details of the costs and numbers availing of this programme will only be available once the relevant employer tax returns for 2018 have been received and processed. The first KEEP return is due 31 March 2019.
It should be noted that, in accordance with the definition of qualifying company in section 128F of the Taxes Consolidation Act 1997, a company availing of the incentive must be a micro, small or medium sized enterprise.
