SF: Irish Revenue has issued eBrief No. 248/25, reorganising guidance on corporate trade investment reliefs. The update splits the Tax and Duty Manual into four parts covering the Employment Investment Incentive (EII), Start-up Capital Incentive (SCI), and Start-up Relief for Entrepreneurs (SURE), offering clear guidance for companies, investors, and entrepreneurs.
Irish Revenue has published eBrief No. 248/25 on 22 December 2025, providing updated guidance on the various reliefs available for investments in corporate trades.
The contents of Tax and Duty Manual (TDM) Part 16-00-02 Relief for Investment in Corporate Trades have been restructured. TDM Part 16-00-02 contains guidance on the Employment Investment Incentive (EII), Start-up Capital Incentive (SCI) and Start-up Relief for Entrepreneurs (SURE), which are income tax reliefs designed to help small and medium-sized enterprises (‘SMEs’) attract equity-based risk finance investment from individual investors under Part 16 of the Taxes Consolidation Act 1997 (the ‘Part 16 reliefs’).
The guidance is now contained in four new TDMs as follows:
- TDM Part 16-00-02A Reliefs for Investment in Corporate Trades – which provides a brief overview of the Part 16 reliefs and a pathway to the relevant TDM depending on whether the reader is a company seeking to raise risk finance under the EII or SCI reliefs; an individual investor seeking to claim relief on investments made under EII or SCI; or an entrepreneur seeking to avail of income tax relief under SURE.
- TDM Part 16-00-03 Relief for Investment in Corporate Trades – Employment Investment Incentive and Start-up Capital Incentive – Qualifying Company Perspective which provides guidance for companies who wish to raise risk finance using the EII or SCI reliefs.
- TDM Part 16-00-04 Relief for Investment in Corporate Trades – Employment Investment Incentive and Start-up Capital Incentive – Qualifying Investor Perspective which provides guidance for investors who wish to claim relief on investments made under EII or SCI.
- TDM Part 16-00-05Relief for Investment in Corporate Trades – Start-up relief for Entrepreneurs which provides guidance in relation to income tax relief available under SURE.
