EIIS Scheme – West Cork Whiskey

EIIS Scheme (Employment & Investment Incentive Scheme) - West Cork Whiskey

The Employment & Investment Incentive Scheme (EIIS) allows you to obtain income tax relief on investments in qualifying SMEs. EIIS is one of the few remaining sources of income tax relief which can be obtained from PAYE earnings, rental income from property held in a personal capacity and ARF distribution.

Key Features:

  • Relief is available in 2 tranches: 30% in year 1, with a further 10% in year 4 when additional criteria are met.
  • An individual can invest up to €150,000 in any one tax year.
  • Term: 4 years.

Investment opportunities are typically available between September to December each year.

While these EIIS Schemes have become very popular investments since they replaced the old Business Expansion Schemes (BES) in 2011, it is very important that you invest in the right Companies. One such Company worth considering is:

West Cork Whiskey Distillers in Skibbereen in County Cork.

WCWD 2017 EIIS Flyer (2)

If you want any more information - feel free to contact me John on 087-6534444 or email on john@moneysense.ie

Also, you can get further information from West Cork Whiskey's website http://www.westcorkdistillers.com

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