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2021 EIIS Opportunity

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on 17.11.2021

“This is a unique opportunity for you as an EIIS investor to get 40% of your investment amount as a refund against your 2021 Income Tax bill. The Whiskey industry is all about time and timing – we can’t do anything about the time required (min. 3 years maturing in a cask) but we’ve worked hard on the timing. We have already significantly invested ourselves and have done so much of the “heavy lifting” to give you confidence in this opportunity – we have assembled a world class team and are singularly focussed on realising our ambitions for this business, we are not shy about the graft and all the steps that it takes to get there. As well as all of that, we know that you will enjoy being an investor in the Irish whiskey sector” – June O’Connell, Paddy Cooney & Patrick Sugrue

The EIIS (Employment Incentive Investment Scheme) is a longstanding tax relief initiative to encourage individual Irish taxpayers to support qualifying Irish companies with attractive income tax relief of 40% of the amount invested in Year 1 of the investment.

It is the end of the year, with income tax filing deadlines due, and we are in the market with our 2021 EIIS Programme. Our 2019 (“A”) & 2020 (“B”) EIIS investors have secured their 40% income tax refunds in Year 1 of their investment. We stagger the investment into the company so that we can also stagger the repayment schedule too. This is hard work, but we have the expertise to manage it and we believe it is a better outcome for the investor and for the business.

If you have a material income tax bill in 2021, and you want to avail of one of the few reliefs against Irish income tax, this EIIS opportunity may suit you. Why invest in Skellig Distillers Limited?

  • Independent Irish owned Distillery & Visitor Experience, authentically of its place on the Atlantic Coastline, and prime location on the Wild Atlantic Way and Ring of Kerry routes.
  • Credentials of the company board and expertise in the professional team.
  • Proven track record of navigating and delivering in new complex EIIS landscape.
  • Significant milestones reached and progress made to date; with our first spirit Skellig Six18 Gin, the Distillery & Visitor Experience. Whiskey distillery plant spec. finalised and 3 copper whiskey pot stills ordered and in fabrication. All licenses and consents in place, to construct, install and commission the large 2T whiskey plant.
  • Skellig Distillers Limited is debt free and has several revenue channels in existence, with plans to grow these in 2022 and beyond. The company owns the distillery building with full permissions, consent and bonds in place. Founders have invested significantly themselves and the company has no debt.

 

AVAILABLE TAX RELIEF: 40% of your investment amount can be claimed as relief against your 2021 income tax bill in as early as 2022
MINIMUM INVESTMENT: €50,000 in €1 Redeemable C Shares, Nominee Structure so IQ EQ Trustees (Ireland) Limited will hold the investment shares as legal owner for you as beneficial owner.
PROJECTED RETURN: Amount Invested +10%
INVESTMENT TERM:  5 years

You can contact me, June O’Connell, Founder and CEO on eiis@skelligsix18distillery.ie  if you or your tax advisor have any queries.

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Corporate Gifting 2021

Féile Skellig Six18 October 2021

Member of Origin Green

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