EIS Flashcards
1
Q
Max investment by one person
A
£1 million pa
2
Q
Max funds a company can raise
A
£5 million in any 12 months
3
Q
% IT reducer
A
30%
4
Q
Gains
A
- Tax free if sold after 3 years
- Can postpone any gain as with rollover relief
5
Q
Number of employees in company
A
250
