Enterprise Investment Scheme

If anything investments under the EIS are more complicated than those made by VCTs. The legislative basis of EIS goes back to the old BES schemes. Consequently the legislation includes a complicated patchwork of anti-avoidance provisions which arose as the Revenue shut the doors on a succession of asset backed, low risk or guaranteed exit investment products.

A detailed knowledge of these issues is crucial to ensuring that an investment under EIS has the best chance not just of obtaining tax relief but also of retaining it.

We have considerable experience of making EIS investments both on behalf of specially structured funds and by way of the issue of prospectuses by special purpose vehicles, such as film companies or pub companies.