Thursday, 11 July 2019

Questions (176)

Michael McGrath


176. Deputy Michael McGrath asked the Minister for Finance the annual cost of the entrepreneurial relief for each year since its establishment, including 2018; the number of companies that availed of the scheme in each of the years by multinational companies and SME companies; and if he will make a statement on the matter. [30803/19]

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Written answers (Question to Finance)

It is assumed the Deputy is referring to Capital Gains Tax (CGT) Entrepreneurial Relief as provided for in section 597AA of the Taxes Consolidation Act 1997. This provision was introduced in the Finance Act 2015 and provides relief from Capital Gains Tax for individuals disposing of business investments in certain circumstances.

Statistics on the numbers availing of the Relief, and the cost to the Exchequer, are available at The most recent year for which data are presently available is 2017.

 For the Deputy's convenience, the information available is presented in the following table.  


Cost € million

Number Availed







Information is not available in respect of multinational and SME companies as the relief applies to individuals only.