Mid Shannon Corridor Tourism Infrastructure Investment Scheme

The Mid Shannon Corridor Tourism Infrastructure Investment Scheme was introduced in the Finance Act 2007 and updated in the Finance Act 2009. It provides tax relief for qualifying expenditure on certain tourism facilities in the Mid-Shannon river basin.

One of the conditions of The Mid Shannon Corridor Tourism Infrastructure Investment scheme is that the Mid Shannon Tourism Infrastructure Board must grant approval in principle for investment projects in advance of expenditure being incurred.

The deadline for receipt of applications for approval in principle is 31 May 2010. The scheme sets out the conditions under which specified forms of expenditure may qualify for the application of accelerated capital allowances.

The full guidelines are available at: Mid Shannon Corridor Tourism Infrastructure Investment Scheme Guidelines, while a PDF, 703kb brochure and map of areas covered are available here. A full list of the DEDs is available here. You may also access a list of Mid Shannon Corridor Tourism Infrastructure Investment Scheme FAQ's.

Please contact the Investment and Product Development Division at 01 
8847257/8847258  , or via e-mail at taxschemes@failteireland.ie with any queries.

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