Tax Efficient

Investing in Enterprise Investment Schemes (EIS) is becoming an increasingly popular option for investors seeking to take advantage of the tax benefits. The market was estimated to be worth £500m annually in 20111 and is forecast to grow to £1bn annually by 2014.

The Enterprise Investment Scheme (EIS) is designed to promote investment into smaller high-risk companies. Over £7bn of private funding has been raised into EIS companies in the 20 years since the schemes inception in 1994.

The implementation of RDR has meant that IFAs will need to be familiar with a wide range of traditional investments including alternative investments such as Venture Capital Trusts (VCTs). Intelligent Partnership’s Luke Jackson has written an article that provides an introduction to VCTs and the tax advantages that are available for investors as part.