We were delighted to be joined by friends and colleagues for our annual Christmas drinks reception. We would like to wish everyone a very happy Christmas and peaceful new year.
Have you Secured your 2016 EIIS All-Income Tax Relief?
Both windfarm EIIS private placings are offering €1.15 per €1 invested after 5 years on top of 40% tax relief. Cahermurphy Windfarm is a 3-turbine 6MW windfarm located in Kilmihil, Co Clare and Garrymore Windfarm is a 9-turbine 9.5MW windfarm located in Co. Donegal.
The surge in investors seeking EIIS opportunities is due to the broadening of the scope of the scheme and the wider economic recovery
Cahermurphy Windfarm Obtains EIIS Investment
EIIS funds will be used to part-fund the construction of a six megawatt (MW) wind farm located at the townland of Cahermurphy, Kilmihil, Co Clare, at a projected cost of €12.5 million.
Garrymore Windfarm Generating Interest
HLB McKeogh Gallagher Ryan has announced an EIIS fundraising for Garrymore Windfarm in Donegal.
“This wind farm represents another good investment opportunity for investors as the promoters already have a grid connection agreement in place,” said Mary McKeogh, Tax Partner with HLB McKeogh Gallagher Ryan.
We are fundraising for two 2016 EIIS windfarm investment opportunities offering 2016 all-income tax relief and a return of €1.15 for every €1.00 invested. Click here for further information on the Cahermurphy Windfarm. A 3-turbine 6MW wind farm located in Kilmihil, Co Clare. Click here for further information on the Garrymore Windfarm. A 9-turbine 9.5MW
HLB MCKEOGH GALLAGHER RYAN ARE FUNDRAISING FOR A SECOND EIIS WINDFARM PRIVATE PLACING – THE GARRYMORE WINDFARM IN COUNTY DONEGAL
We have a second EIIS windfarm investment opportunity for prospective investors looking to secure up to 40% all-income tax relief against their 2016 income.
HLB MCKEOGH GALLAGHER RYAN HAVE LAUNCHED THE CAHERMURPHY WINDFARM 2016 EIIS INVESTMENT OPPORTUNITY.
Following 2015’s successful fundraising for two wind farm projects (raising nearly €3m in EIIS investment) we have another EIIS windfarm investment opportunity for prospective investors looking to secure up to 40% all-income tax relief against their 2016 income.
Analysis of Budget 2017
Given the global uncertainties facing Ireland, particularly since our UK neighbours voted for Brexit, Budget 2017 was always going to be a relatively conservative one. Taking this into account we should probably be grateful for the small mercies afforded to taxpayers in this budget. These include measures such as:
Termination of Carry Forward of Certain Unused Capital Allowances
2015 Tax Year is the first year that your clients will feel the effect of the 2014 “guillotine” on certain capital allowances.