Enterprise Investment Scheme

Posted on October 21, 2011 by Cathy Corns

The European Commission has approved, for State Aid purposes, the increase in the Enterprise Investment Scheme (EIS) income tax relief rate to 30% in respect of investments made in EIS qualifying companies on or after 6 April 2011. It has also approved the individual investment limit from £500,000 to £1 million in respect of investments made on or after 6 April 2012. These changes were announced in the 2011 Budget. The rate increase was included in Finance Act 2011, with the increase in the individual investment limit scheduled to be included in the 2012 Finance Act.

Cathy Corns

Cathy Corns is a tax adviser and a partner at Mercer & Hole. The views given in this blog are personal to the author, if you would like to discuss the contents of this post with Cathy you can call her on 01908 605552.

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Comments (1) Read through and enter the discussion with the form at the end
Melissa Wilson - December 24, 2011 5:29 PM

You are posting an important business investment article. It's great for any businessman.
Thanks
Melissa Wilson

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