Following last year’s very successful fundraising (c. €870k raised) McKeogh Gallagher Ryan Accountants are now raising the second tranche of EIIS investment, via private placing, for Kilmeedy Windfarm Limited. After measures introduced in the recent budget the High Income Earners Restriction no longer applies to EIIS investments so tax relief may be claimed on the investment, up to the maximum investment of €150,000, without restriction in the year of investment.
KEY STATS
- Investment term: 3 years
- Tax relief: Up to 41% (30% + 11%)
- Maximum investment: €150,000
- Minimum investment: €5,000
- Projected buyout price: €1.10 per €1 invested (Capped on exit)
- Projected net cash flow: €23,097 (Based on an investment of €50,000)
- RICT expected: April 2014
- Proposed exit: Q1 2017
CLOSING DATE: 31 DECEMBER 2013
To download our two page summary please click here
FOR FURTHER DETAILS CONTACT
Anne Hogan ahogan@mgraccountants.ie | 061 20 80 50