Enterprise Investment
Scheme (EIS)
Boosting Investment Opportunities with Tax Efficiency
The Enterprise Investment Scheme (EIS) offers tax relief to individual investors in qualifying trading companies, making it an attractive option for both businesses seeking funding and investors looking to benefit from generous tax incentives. Whether you’re a company aiming to attract business angels or an investor seeking to reduce your tax burden while supporting promising businesses, EIS can be a powerful tool.
At My Tax Consultants, we specialize in guiding both companies and investors through the complexities of the EIS and Seed EIS schemes. Our team ensures that your investment strategy aligns with HMRC regulations, providing you with clarity, confidence, and the potential to benefit from valuable tax relief.
What is EIS?
The EIS is a UK government initiative designed to encourage investment in early-stage trading companies.
The scheme provides investors with the opportunity to reduce their Income Tax liability, benefit from Capital Gains Tax (CGT) exemptions, and enhance their overall financial position when investing in high-growth businesses.
Key Benefits of EIS
Investing in EIS-eligible companies unlocks valuable tax reliefs, including:
- 30% Income Tax relief on investments up to £1 million per tax year for EIS-eligible investments (can be increased to £2 million if at least £1 million is invested in knowledge-intensive companies).
- Capital Gains Tax exemption on gains from investments held for at least three years
• Ability to defer Capital Gains Tax by reinvesting proceeds into an EIS-eligible company - Ability to offset losses on EIS investments against income tax or capital gains tax, providing protection if investments underperform
- EIS shares become exempt from inheritance tax after being held for just two years, enhancing estate planning opportunities
- For smaller ventures, Seed EIS (SEIS) offers even greater benefits, including 50% Income Tax relief on investments up to £200,000
How We Can Help
Whether you’re a company considering EIS eligibility or an investor looking to make the most of tax-efficient investments, we offer expert advice to ensure compliance and maximise the financial benefits.
Our services include:
- EIS Eligibility Review: We help determine if your business qualifies for EISor Seed EIS, guiding you through the process of obtaining advance assurance from HMRC.
- Tax Relief Maximisation: We assist investors in making the most of the available tax breaks and ensure they meet the necessary criteria for EISor Seed EIS
- Customised Tax Strategies: For businesses and investors, we craft bespoke strategies that take full advantage of the tax benefits offered by these schemes, with a focus on long-term growth and sustainability.
Unlock Potential for Your Business or Investment
Securing investment through EIS and Seed EIS can be a game-changer for businesses, offering the funding needed for growth while providing investors with substantial tax incentives.
We ensure that you’re well-positioned to take advantage of these benefits by navigating the complexities of EIS compliance and investment planning.
Empower Your Business with My Tax Consultants
We are dedicated to providing actionable advice that aligns with your business or investment goals. Our team of experienced professionals offers:
- Personalised supportto help you understand and optimise your EIS and Seed EIS
- Expertise in tax planning, ensuring your investment strategies are as efficient as possible.
- A proactive approach, with early involvement to maximise tax relief and ensure compliance.
Take Advantage of EIS Tax Reliefs
Are you ready to take your investments or business to the next level with the Enterprise Investment Scheme (EIS)? Let us help you navigate the opportunities and potential pitfalls, ensuring you make the most of your investment.
