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Tax planning for higher earners using EIS
This article is taken from Investors Chronicle, where Intelligent Partnership’s research was highlighted. Click here to read the full article If you have used up your annual or lifetime pensions allowance, and annual individual savings account (Isa) allowance, you may be familiar with venture capital trusts (VCTs) as an additional tax advantaged wrapper. This can be useful in particular for saving for retirement, especially as VCTs offer tax free dividends. But there is another government sanctioned scheme to consider: Enterprise Investment Schemes (EIS). These offer a number of generous tax reliefs, but have a slightly different emphasis to VCTs so can… continue reading
March 18, 2015