Tuesday, 15 May 2018

Ceisteanna (210, 212)

Joan Burton

Ceist:

210. Deputy Joan Burton asked the Minister for Finance if his attention has been drawn to the comments by the chair of the Revenue Commissioners regarding the need to reform the administration of the business expansion scheme; and if he will make a statement on the matter. [21351/18]

Amharc ar fhreagra

Alan Kelly

Ceist:

212. Deputy Alan Kelly asked the Minister for Finance if his attention has been drawn to comments made by the chair of the Revenue Commissioners regarding the need to reform the administration of the business expansion scheme; and if he will make a statement on the matter. [21378/18]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

I propose to take Questions Nos. 210 and 212 together.

I understand that the Deputies may be referring to a recent report in the Sunday Business Post on the Employment and Investment Incentive (EII).

I am aware of the comments made by the Revenue Chairman.

As the Deputies may be aware, I announced a comprehensive review of the EII Scheme last November.

That review is now underway and is being conducted by Indecon Economic Consultants. Amongst other matters, it will consider operational aspects of the scheme. As part of the exercise, I am sure that the consultants will take account of all views expressed in this regard, including those of the Revenue Commissioners.

The Deputies may also wish to be aware that a public consultation process has been launched as part of the review process. The details are available on my Department’s website.