Tax Return Due Date 31st January 2018
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Enterprise investment Scheme invest to get tax refund of 30%

Harish Verma

The Enterprise Investment Scheme (EIS) is designed to help smaller higher-risk trading companies raise finance by offering a range of tax reliefs to investors who purchase new shares in those companies.

This is available to individuals only who subscribe for shares in an EIS. Relief is at 30% of the cost of the shares, to be set against the individual’s Income Tax liability for the tax year in which the investment was made.

Also you can carry back the Tax Relief to the previous Tax Year.

Contact us if you need advice and further information.

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