What is EIS

Enterprise Investment Scheme (or EIS) is an incentive set up by UK government to encourage individuals to invest in smaller and riskier businesses. In many ways it is similar to SEIS that focuses on even smaller, younger companies.

EIS offers several generous tax reliefs to investors. Investors tax bill is significantly reduced and It removes some of the sting that would otherwise occur when investment does not bear fruit.

Individuals can invest up to £1,000,000 in qualifying companies per year.

Tax reliefs on investment

Income Tax Relief

✔︎ 30% Tax Relief

For £10,000 investment, your income tax is reduced by £3,000 that year. If your tax bill for the year is less than the relief you can "Carry Back" some or all of it to the previous tax year.

Capital Gains deferral relief

✔︎ Tax payment deferral

Your capital gains tax can be deferred when the gains are invested in EIS qualifying company.

Tax reliefs when you exit your investment

Capital gains tax exemption

✔︎ 100% Tax Relief

All your gains from selling your EIS shares are exempt from Capital Gains Tax. They must be sold 3 years or after and you must have claimed some Income Tax Relief

Loss relief

✔︎ Yes

Your net losses can be set against your Income or Capital Gains Tax.

Additional reliefs

Inheritance relief

✔︎ 100%

The inherited shares get full inheritance tax relief in case of the investors death after 2 years

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