A new book published by Chartered Accountants Ireland sets out to provide businesses with a detailed guide to the tax incentives and funding sources which are available in Ireland.
Business Innovation and Growth: Tax Incentives and Sources of Funding’is written by Andrew Bourg and Derek Henry of BDO Ireland. CAI says the book “provides clarity about the funding supports and tax incentives available at all stages of the business lifecycle, in a way that will resonate with both tax experts as well as people in the early stages of their education about the Irish tax system and funding”.
The book explores the funding landscape for indigenous SMEs, considers and evaluates equity and debt finance options, government funding and supports, and newer sources of funding, such peer-to-peer lending and crowdfunding. The authors also give advice on how to get ‘investor-ready’ by preparing to plan, applying for and securing investment.
Derek Henry said: “We are delighted to have worked with Chartered Accountants Ireland to publish this book, which we hope will inform thousands of Irish businesses about the great incentives and funding sources in place to help enterprise flourish in this country.
“We hope it empowers small businesses by enabling them to take advantage of these incentives that will help them to continue to grow and flourish in today’s fiercely competitive business environment.”
Henry is a tax partner at BDO, specialising in the R&D tax credit regime and the Knowledge Development Box’. Andrew Bourg is corporate investment partner at BDO, responsible for the investment and management of the €75m BDO Development Capital Fund.
The book runs to 392 pages, costs €50 and is available from CAI’s online shop and bookshops.
Photo: Andrew Bourg (left) and Derek Henry.