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EIS — Too Good To Be True!

Jay Sanghrajka Tax Partner takes a fresh look at the Enterprise Investment Scheme
Setting up a new company is always fraught with problems and risks. It is nice to know that in some cases the Inland Revenue offers those starting out significant tax breaks to ease the way in those difficult early years.
The Enterprise Investment Scheme has now been with us for ten years. It is aimed at private equity investors in unquoted trading companies who are willing to provide cash to subscribe for new shares.
While thousands of people have benefited from it there is still a general lack of knowledge of the way in which it operates and the benefits that it offers.
Further since there has been significant...

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