Tax Back Investment

As a multi-agency broker, Alpha Wealth provide exposure to an extensive range of personal, pension & company investment options, consisting of, but not limited to the below. Please contact us at info@alphawealth.ie to discuss a more broad range of options

The Tax Relief

The scheme is open to all Irish taxpayers who can claim income tax relief of up to 40% in the year of investment, subject to the company meeting particular employment or research and development (R&D) expenditure requirements.

How do investors qualify for EIIS

The EIIS is a tax relief incentive scheme providing individual investors with the opportunity for income tax relief of up to 40% on investments in certain qualifying companies. The maximum relief is €250,000 per annum (as per the Finance Act 2019). This can be applied per person in the case of a husband and wife or civil partners provided that each person has sufficient total income in their own right to absorb the relief.

Qualifying Income

An individual who pays income tax at the 40% rate in the year which the EIIS investment is made can obtain tax relief on the following income:1. Self-employment or PAYE earnings2. Income derived from property held in a personal capacity3. Distribution income from Approved Retirement Funds (ARFs)4. Foreign income and Irish dividends

Criteria required to avail of this opportunity include;

1: You must be a higher rate taxpayer earning €42,000 per annum or more

2: You must have €5k personally to offset against tax you suffered this year to forego for 4 years

Investment Options (3 Irish Companies)

EIIS 4 – EMEX

Introducing the EIIS 4 – EMEX, offering Investors the opportunity to invest in EMEX Software Limited, while allowing Investors to avail of tax relief of up to 40% of their investment amount. This EIIS product could be an ideal income tax relief opportunity for your clients.

Key Features

  • Tax Return of 40%
  • Target Return of 20%
  • 4 Year Investment Term

Why Invest

  • Rapidly growing EHS market
  • Technology a clear winner in the Post Pandemic World 
  • Workplace safety and ESG Reporting markets were already growing rapidly     
  • Pandemic will turbocharge both – For example, Covid 19 incidents now reportable in major countries
  • Emex primed for success as both a technology and must have regulatory tool.

Kinsale Spirit Co.

We feel this is an industry that will do well in these times we face over the next 4 years. Jameson’s Irish Whiskey sales recently reached 8 million cases which is a powerful indication of how strong the industry is.

Consumers continue to increase consumption of more premium whiskeys and thus, the growth in market value continues to outperform volume growth. The Mintel Report suggests that millennials, rather than wanting to affiliate themselves with bigger brands, often seek to define themselves by more niche, higher quality brands with a quality back story.

  • 40% Tax Back over next 4 years
  • Minimum €4k investment
  • 3 Irish hospitality veterans with 75 years combined experience (Tom O’Riordan, Ernest Cantilon, and Colin Ross)
  • Proven track record of drinks brand launches (Kinsale Gin)

Dairy Concepts

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