Revenue eBrief No. 248/25

22 December 2025

Restructure of TDM Part 16-00-02 Relief for Investment 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.

The original Part 16 TDM Part 16-00-02 - Relief for Investment in Corporate Trades can be accessed, as regards the different limits, conditions and requirements that applied over time, by clicking on ‘Show older versions’ on the TDM Part 16 - Sections 488-508A page on the Revenue website.