Quintas Launch The 2011 Horizon EII Fund
Quintas Wealth Management, as managers of the EII Fund, is delighted to announce that the 2011 Horizon EII Fund has recently been designated an investment fund by the Revenue Commissioners after the long awaited approval by the European Commission of the Employment and Investment Incentive scheme.
What is the Employment and Investment Incentive Scheme (EII)?
The EII is a replacement for the BES and is very much a revamped BES. The EII is a Tax Relief incentive scheme enabling eligible investors to avail of tax relief by deducting the cost of their qualifying investment from their total income for income tax purposes. The EII offers one of the few remaining all income tax deductions offering up to 41%tax relief*.
The closing date for receipt of applications is 31st December 2011.
If you have any questions or would like any additional material please email
* The tax relief is available at the individual’s highest marginal rate of income tax. Provided investors hold their investment for a minimum of 3 years, the EII provides tax relief of 30% in the year of investment and an additional 11% relief is available at the end of the 3 year investment period subject to conditions in relation to employment levels or expenditure on research and development being achieved.
Download EII Prospectus & Application Form
