This type of scheme is a highly tax efficient form of investment and is designed to help smaller companies raise finance through a range of tax efficient strategies. It is often considered a high risk investment solution and should be used carefully in conjunction with tax planning and portfolio building.
Investment into an EIS provides immediate income tax relief and has the ability to extinguish a capital gains tax bill.
It is important to know that there are a number of qualifying rules and regulations for this type of investment and it is commonly thought as a complicated tax planning vehicle, not for the faint hearted.
Should you wish to discuss any EIS requirements please do not hesitate to contact us.