EIS Flashcards
1
Q
Annual Investment Limit?
A
£1 million / £2 million if knowledge intensive
2
Q
Carry back to last year?
A
Yes
3
Q
Income Tax Relief:
A
30%
4
Q
Tax Relief Clawed back if held for less than:
A
3 years
5
Q
Capital Gains?
A
Deferred
6
Q
Reinvestment Relief before gain?
A
1 year
7
Q
Reinvestment Relief after gain?
A
3 years
8
Q
Tax Free Dividends?
A
No
9
Q
Tax Free Capital Gains?
A
Yes - After 3 years
10
Q
Business Relief?
A
Yes - After 2 years
