The EIS (Enterprise Investment Scheme) is a government initiative designed to encourage individuals to invest in smaller British companies. To achieve this EIS offers a range of tax incentives. These include:
- 30% upfront tax relief on amount invested for the 2011/12 tax year (up to £500,000 investment)
- Ability to defer or roll over capital gains
- Capital gains tax free growth
- Tax relief on any losses
- Up to 100% Inheritance Tax relief if held for two years
WH Ireland provides private investors with access to this attractive tax regime through the recently launched EIS growth fund, whilst corporate clients are able to benefit from the considerable expertise of our Corporate Broking team in raising capital under EIS.
The UK EIS Growth Fund
The fund will focus on companies quoted on the AIM market. We believe that the quoted market offers superior corporate governance, greater financial transparency and liquidity to support timely realisation of investments.
The fund is managed by Paul Sheehan, who has over 25 years experience as a fund manager at a number of top UK houses, including Jupiter, DRCM and Newton.
Your attention is drawn to the fact that this website does not constitute a personal recommendation. Tax rates and reliefs both current and future are not certain and the amount may change. The amount of tax relief available to any individual may fall below the amount indicated. Potential investors should consult their tax advisor or other financial advisors prior to making any investment. This website does not constitute tax advice. it should be noted that past performance is not necessarily a guide to future performance. The value of investments and the income derived from them may go down as well as up and you may not get back the amount originally invested. Tax rules and regulations are subject to change. In the event that we receive a direct application for an investment, i.e. not via a financial intermediary, it may be the case that we have to seek detailed information into the extent of the applicant's investment experience and knowledge before being in a position to progress the application.