EIS Tax Relief Increased For Investment In Tech Businesses
The Government will double the amount that an individual may invest under the EIS in a tax year to £2 million from the current limit of £1 million, provided any amount over £1 million is invested in one or more knowledge-intensive companies.
The annual investment limit for knowledge-intensive companies receiving investments under the EIS and from VCTs will be increased to £10 million from the current limit of £5 million. The lifetime limit raised by such companies will remain the same at £20 million.
Get In Touch
We are eager to discuss your business and how we can help grown and manage all your finances. Enter Your details and we'll get back to you shortly