ENHANCED TAX RELIEFS UNDER THE ENTERPRISE INVESTMENT SCHEME

The tax reliefs under the Enterprise Investment Scheme (EIS) for investing in small company shares have been enhanced from 6 April 2011, with 30% income tax relief now available.

With small businesses finding it increasingly difficult to raise finance through the banks, seeking external investors could be well worth considering. The EIS scheme offers some fantastic tax reliefs to investors which make investing in small (and generally high risk) companies attractive, so if you want to attract investors in your business you should considering applying to use the scheme. Continue Reading