Mid-Shannon Tourism Investment Scheme – Project Advice Clinics

The Mid-Shannon Scheme provides tax relief on the construction or refurbishment of certain tourism facilities in the Mid-Shannon area which extends from O’Briensbridge in Co. Clare to Lough Ree, Co. Roscommon. The types of qualifying tourism facilities include:

education tourism facilities;
visitor attractions/centres;
cultural facilities;
wellness and self-development – amenities and facilities;
equestrian facilities;
facilities for water sports;
training facilities for adventure; activities and/or simulated facilities;
facilities for boat rental and inland cruising;
outdoor activity centres;
certain restaurants and cafés;
registered holiday camps

This is a unique opportunity for tourism enterprises in East Clare to utilise tax relief to help finance the construction or refurbishment of their facilities and also for passive investors who may wish to avail of the relief for offset against rental and other income. The deadline for applications is 31 May 2010. Clare County Council, in conjunction with Shannon Development, will shortly organise Project Advice Clinics, where potential applicants can avail of the opportunity to discuss their project ideas in confidence with a planning officer and a regional tourism executive. For further information on the Scheme, or to make an appointment to attend a Project Advice Clinic, contact Ruairi Deane, Tourism Product Development, Shannon Development (Tel. 061-710228, deaner@shannondevelopment.ie). Full details of the Scheme are available from www.ShannonDevelopment.ie.