The EIS Association (EISA) is the official trade body for the Enterprise Investment Scheme. EISA is a highly effective not for profit organisation which exists to aid the provision of capital to UK small and medium-sized enterprises (SMEs) through the Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS). For further information about EIS or SEIS please click here.
EISA works closely with HM Treasury, HM Revenue and Customs, Government Ministers, MPs and the FCA to enhance the EIS and promote the benefits of the scheme to investors and companies using EIS/SEIS and their respective advisers.
EISA policy engagement in recent years has been followed by changes to rules and legislation including:
- Increase in EIS income tax relief from 20% to 30%
- Relaxation of income tax carry-back, permitting investment at any time in a tax year
- Removal of loss relief cap of £50,000 for investors in EIS
- Increase in the annual cap for investment into an EIS qualifying company from £2m to £5m
- Increase in the gross assets limit for companies eligible for EIS investment from £7m to £15m pre new money
- Increase in the maximum number of employees allowed in an EIS qualifying company from 50 to 250
EISA is run by a Board of Directors and organises a series of high level Committees comprising a board member and experts in the relevant field. For details of the Board and Committees see Structure and People.
- Tax & Technical
- Regulatory & Legal
- Membership & Events
- Financial Planning
- Green Shoots
- HMRC Digitalisation Committee
EISA collaborates with other trade bodies which support investment into SMEs including the BVCA (British Venture Capital Association), the AIC (Association of Investment Companies), the ICAEW (Institute of Chartered Accountants in England and Wales) and the UKBAA (UK Business Angels Association), which represents the views of Business Angels. The EISA Director General sits on the BVCA Venture Capital Working Group, which aims to present a unified voice from all sections of the SME and Venture Finance industries to the UK Government and the EU on a range of topics including the impact of Regulation, in particular the implementation of AIFMD, FACTA, EuVECAs and moves towards a Capital Markets Union (CMU) as well as the promotion of the UK as a hub for early stage investment.
EISA membership represents all areas of the EIS/SEIS industry including EIS/SEIS Fund Managers, Lawyers, Accountants, Tax Advisers, Corporate Financiers, IFAs and Wealth Managers, both in London and throughout the UK. Details of the Members and categories of Membership are shown in the Membership section. If you would be interested in learning more about EISA and becoming a member, please contact Mary Rodgers –firstname.lastname@example.org To download an application form click here.