Fuller Spurling’s year-end tax review. Introduction, tax law changes to come? Interest on savings – how to reduce tax you pay by controlling the type of income you receive ‘Max out your state pension’ – have you checked if you’ll qualify for the full state pension? ‘Give & save’ – how Gift Aid donations […]
Business Investment Relief and The Enterprise Investment Scheme
Non-UK domiciled individuals resident in the UK who are claiming the remittance basis of taxation of non-UK income/gains and are looking for investment opportunities in the UK may want to consider the reliefs available to them under business investment relief and the Enterprise Investment Scheme (EIS)
Enterprise Investment Scheme (EIS) and Tax Relief
An Enterprise Investment Scheme has a number of advantages including enabling an investor to obtain income tax relief of 30% (50% for a Seed EIS) of the amount invested up to £1m (£100k for a Seed EIS) per annum