Magnetoimpedance (MI) effect was studied on amorphous Co33Fe33Ni7Si7B20 ribbons that were irradiated with N+1, Ar+2 and Xe+5 ions, at energy of 75keV. The (MI)m [maximum MI in each case] values are 9.4% and 11%, 9.9% and 6.5%, the largest, for the as-quenched and N+1, Ar+2 and Xe+5 ion irradiated ribbons respectively, at 2MHz. The (MI)m value of the N+1 ion irradiated ribbon was observed to be the highest, due to an induced in-plane transverse magnetic anisotropy. The saturation magnetizations of the ion-irradiated ribbons are not seen to change with respect to that of the as-quenched ribbon; a small increase in the Ms was observed only upon irradiation with Xe5+ ions. The interaction between the large number of domains, with large uniaxial anisotropy led to large (MI)m values, at frequencies above 8MHz in the Ar+2 ion irradiated ribbon.