Client company is raising funds and wants to avail of SURE and EIIS tax refund schemes


CLIENT’S PROBLEM:

Client company is raising funds and wants to avail of SURE and EIIS tax refund schemes

The owner of this client company wanted to invest in their company themselves and also raise monies from new investors coming on board. The funds were being used to develop an online marketplace. They wanted to make sure that the SURE and EIIS tax refund schemes were used and that refunds available were maximised

OUR SOLUTION:

SURE and EIIS refunds received by owner in start-up and new investors

The owner of the company invested €40k in new shares in the company and we applied under the SURE scheme and received a €16k refund arising from previous PAYE paid. Some time later the company was raising external funding and we were again able to secure tax refunds for these investments through the regular EIIS scheme.

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