In the month of December, the UK stock market often experiences a phenomenon known as the “Santa rally” – a rise in share prices in the run up to Christmas. Last year however, following the December 12th general election, investors saw a sharp “Boris rally”, with the FTSE 100 having put on an impressive 5% […]
Since the Enterprise Investment Scheme (EIS) was launched in 1994 thousands of small UK companies have used the government boon to raise growth capital for their businesses. According to HMRC statistics, in the 2017-18 tax year 3,920 companies raised a total of £1.93 billion of funds under EIS. Since launch, that took the total number […]
Since being launched in 1994 the Enterprise Investment Scheme (EIS) has been successful in attracting investment into young and ambitious unquoted companies looking for funds to grow their operations. As a method of persuasion, EIS offers a range of generous tax benefits, including income tax relief, loss relief and exemption from capital gains tax. However, […]
Want to save on your tax bill and invest in growing companies at the same time? With a range of government backed incentive schemes you can do exactly that. Small businesses are the lifeblood of the UK economy. They employ an estimated 16 million people (more than half of the workforce), account for 99.3% of […]
With few other financial instruments offering the potential to increase wealth as much as equity in an early stage or start-up business does, what other benefits can crowdfunding offer the investor? We ask Tony De Nazareth for his opinion on the
On the first glance, It does not seem likely that the UK government would be that generous with its revenue. Nevertheless, these tax reliefs are available to investors in certain instances.
To be eligible for the relief, the company seeking the investment must have:
1. A permanent establishment in the UK for a period of 3 years from the issue of the shares.
2. All the money raised by the share issue must be used within two years in a ‘qualifying trade.’
3. The trade must be carried on by the parent company or subsidiary which is a 90% subsidiary for a period of 3 years from the issue of the shares.
It is launched by Tony De Nazareth who has over 30 years’ experience of investment banking, venture capital and lending. He has combined his experience and knowledge of finance with his interest in social media and technology to create an innovative source of funding that competes with, and has the potential to replace the traditional sources of funding for companies.