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EIS Scheme: Tax Benefits

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Tax Relief

 

Investors in unquoted companies via the Scheme may receive tax advantages from the purchase of shares in EIS Qualifying Companies, and Investors should obtain advice from their own professional advisers as to their tax position in respect of their own portfolio.

Please note that the tax advantages are only available on the actual amounts invested in investee companies.  Investors should therefore, for example deduct initial charges, the deduction for the first five years’ administration fee and set up costs before calculating values of the different tax advantages.

The Scheme is not approved by the Board of HM Revenue and Customs.


For further details on Tax Relief and the Government EIS Scheme, please take a look at the HMRC website:
http://www.hmrc.gov.uk/eis/part1/1-2.htm


Alternatively, a summary provided by Nabarro LLP is available by Clicking Here.

 

For further information, please contact: 

James Leay 

T: 0238 122 3697

E: leay@beerandpartners.com

 

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