EIS is appropriate for Investors who wish to include in their portfolio some higher risk British based companies. EISA recommends taking professional advice before investing in EIS funds or companies since the rules governing the EIS are complex and interrelated with other legislation.
Over £7bn of private funding has been raised into EIS companies across the country since the schemes inception in 1994. These range from small ‘friends and family’ rounds, business angel investments where individuals are contributing skill as well as funding, through to formal public offers and EIS funds. The market is fragmented and often it is difficult to find suitable investments or information about the company or fund managers. The number of more professionally managed EIS funds now is growing and this sector is becoming more established.
It is a useful exercise to consider some or all of the following prior to assessing your investment:
- Size of intended investment
- Single investment or spread of investments
- Sectors that may be of interest
- Passive or active ie business angel wishing to deploy skills
For more information please download the Factsheet for Investors here
Please note: Whilst EISA endeavours to ensure that its professional members are suitably qualified to advise on the EIS, the Association neither endorses any particular member, product or company/firm wishing to raise money under the EIS nor does it accept any liability for advice given by its members.
Additional information is available from the following all of which provide independent commentary and details of EIS Offers and Funds.
- Allenbridge Limited. Contact Kate Davidson on 020 7409 1111 or www.taxshelterreport.co.uk email: email@example.com
- Angle News Ltd. Contact Modwenna Rees-Mogg on 0176 452 248 or www.angelnews.co.uk email firstname.lastname@example.org
- Tax Efficient Review – Contact Martin Churchill on 020 8458 9003 or www.taxefficientreview.com email@example.com
For further information, please contact:
- Your independent financial adviser for advice pertinent to your personal circumstances;
- HMRC – Small Company Enterprise Centre, (SCEC), Ferrers House, Castle Meadow Road, Nottingham, NG2 1BB – 0115 974 1250.
Please note that individual tax enquiries should be addressed directly with your own Inspector of Taxes and not the SCEC departments, nor is EISA able to help with individual queries.
- EIS Association, Member Services, Apsley House, 176 Upper Richmond Road, London SW15 2SH – 020 8780 0883. firstname.lastname@example.org For general enquiries regarding the EIS.