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Relief for Investment in Innovative Enterprises for individuals

  1. Overview
  2. Making the investment
  3. Selling the investment
  4. Claiming the relief
  5. Investing through partnerships
  6. Interactions with other reliefs

Claiming the relief

The relief applies a reduced Capital Gains Tax (CGT) rate of 16% to the chargeable gains you make on the sale of qualifying investments.

The gains that can benefit from this relief for any investment is limited to the lower of:

  • the chargeable gain
  • twice the amount of the investment
  • and
  • the balance of the lifetime limit available.
  • Example 

    Jess makes a qualifying investment of €20,000 in a qualifying company. 5 years later, Jess sells those shares to a third party and a gain of €75,000 arises. Jess receives the reduced rate of 16% on €40,000 (twice the investment). The remainder of the gain will be taxed at 33%.

The total gains that can benefit from this relief is limited to €10 million per investor.

You may claim the relief on your CGT return. When you claim this relief, you must provide the:

  • details of the company you invested in
  • and
  • certificate numbers from the Certificates of Qualification.

Next: Investing through partnerships

Published: 04 March 2025 Print this page

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