THE ENTERPRISE INVESTMENT SCHEME (EIS)
The Enterprise Investment Scheme (EIS) is a government sponsored investment scheme, offering a range of tax relief benefits to investors who invest in smaller high-risk companies which are not listed on the stock exchange.
The following information has been sourced from the official HM Revenues and Customs website; please refer to their website for more details on the following guidelines.
Benefits of EIS investment
30 % Tax Relief for Current or Previous Tax year.
No Inheritance Tax after 2 years.
No Income Tax OR Capital Gains on any Profits.
Deference of any forms of Capital Gains for 3 years back to 1 year forward.
Loss Relief on any monies lost at your current tax rate.
Investors must keep their shares for at least 3 years to benefit from EIS.