How would you like to . . .
·
Reclaim income tax you have paid to the
taxman
·
Reduce the level of Inheritance Tax
payable by your beneficiaries
·
Defer the payment of Capital Gains Tax
ENTERPRISE
INVESTMENT SCHEMES (EIS) – the FIVE tax benefits
·
30% income tax relief on investments up to £1m per tax year
·
Must hold investment for minimum of 3
years
·
A gain arising on disposal of EIS shares
is fully exempt from Capital Gains Tax
·
Must hold investment for minimum of 3
years prior to disposal for CGT exemption
·
A loss on disposal of EIS shares can be
offset against income or capital gains
·
The loss is reduced by any EIS income tax
relief claimed at the time of investment
·
Payment of tax on a capital gain made on
the sale of any asset can be deferred if that gain is invested in an EIS
·
The gain must be invested in an EIS one
year before, or three years after it arose
·
Providing the EIS shares qualify for
Business Property Relief…
·
And have been held for a minimum of 2
years…
·
The value of those shares will be free
from Inheritance Tax on death
There have been a number of changes to EIS investments
recently, and they have increased in popularity particularly as pension tax
relief has been reduced.
Ward Williams Financial Services Ltd have always given
consideration to EIS investments, as part of an overall Financial Plan, and one
of our Advisers would be happy to discuss your options.
EIS investments are considered to be higher risk
investments, and it is essential to take financial advice in order to:
·
Ensure sufficient
accessible emergency funds remain after investment
·
Restrict the
proportion of your overall capital invested in EIS
·
Ensure the
investment reflects your risk tolerance and capacity for loss
·
Diversify your EIS
investment across a range of companies and sectors
·
Ensure you are
focusing on investment fundamentals…not just the attractive tax reliefs
Ward Williams Financial
Services Ltd. Registered in England No. 04359977. Ward Williams Financial Services Ltd is
authorised and regulated by the Financial Conduct Authority.
