Thursday, 3 October 2019

Ceisteanna (70)

Michael McGrath

Ceist:

70. Deputy Michael McGrath asked the Minister for Finance the number of persons that availed of the EIIS scheme in each year since its establishment; the cost in each year; and if he will make a statement on the matter. [40460/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

I am advised by Revenue that the number of investors who availed of the Employment and Investment Incentive (EII) Scheme, and its cost to the Exchequer in each year, can be found on page 5 of the EII statistics report on Revenue’s webpage at link: https://www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/eii.aspx.

 The following table sets out the information in tabular form for each year to 2017 (the most recent years for which statistics are available).

Year 

 Investors 

 Estimated Tax Cost (1st tranche) €m 

Estimated Tax Cost (2nd tranche) €m

2011/2012  

1,423

15.7

3.2

2013

1,621

17.3

2.9

2014

1,731

23.3

2

2015

1,979

28

 

2016

2,260

31

 

2017

1,538

18.6