EIS and SEIS Recent Developments
The Enterprise Investment Scheme (EIS) is one of the most widely-known reliefs for private investors seeking to make a tax-efficient investment in a company seeking to raise equity for the purposes of a qualifying trade. The scheme has been around for several years and gives benefits to the investor such as income tax relief of up to 30% of the cost of the investment and exemption from capital gains tax on the eventual disposal of the shares where the company continues to qualify for the required period of time post investment.
haysmactinyre's Senior Tax Manager, Paul Twydell, has written on EIS and SEIS recent developments in Business Tax Voice, first published by the Chartered Institute of Taxation in May 2016. To read the full article please click the link below (article can be found from page 12 onwards).