What is the Enterprise Investment Scheme (EIS)?

The Enterprise Investment Scheme is a UK Government scheme which provides certain tax reliefs to private investors who invest into EIS qualifying, growing British companies, provided the investment is held for a minimum of three years.  

Why the WHIreland Discretionary EIS Portfolio?

  An evergreen, Discretionary EIS Portfolio giving each investor a portfolio of a minimum of 4 EIS qualifying investments.

  Invests in UK growth companies quoted on AIM.

  Experienced AIM EIS Portfolio Manager supported by specialist research team.

  Continual portfolio monitoring to ensure companies retain 'qualifying status' for EIS purposes and to assess ongoing financial performance.

  Reviewed by MICAP (an independent, well-established company providing an analysis of offerings for IFAs).

  Ability to defer capital gains for up to three years.

  Losses generated over and above the initial tax relief can be used to reduce income tax.

Who could benefit from EIS? Benefits at a glance

Inheritance Tax (IHT)
Providing the investment is still held upon death, the portfolio should be IHT free after just 2 years. The portfolio can be held after the life of the EIS finishes.
Income tax relief
An EIS can be used to claim up to 30% income tax relief in a current or previous tax year, providing the investment is held for at least three years - the required minimum holding period.
Capital Gains Tax (CGT)

CGT liability can be deferred under EIS following the sale of shares or liability. All capital gains made from EIS investments are tax free - when held for the minimum three year holding period.

Pension contributions

The EIS offers an alternative way to invest tax efficiently for retirement for those reaching their Lifetime Allowance and complementing their pension investments.

Pension drawdown

Income tax relief can be used to offset the tax paid on pension income post retirement.

 

  To learn more call us on 0800 877 8866

 

The main risks of EIS investing

Investments will be in unquoted companies (for these purposes this includes AIM quoted companies) and are, therefore, higher risk than publicly listed securities or, in the case of AIM quoted companies, those listed on the main market. Your capital will be at risk and you may not get back the full amount invested; you may, therefore, lose some or all of your investment. You should not invest in the Portfolio unless you have carefully thought whether you can afford it and whether it is right for you, having had the opportunity to take independent advice.

To keep your entitlement to the EIS Reliefs, you must be prepared to leave your investment in each Investee Company for at least three years; any earlier realisation may risk losing some or all of your EIS Reliefs. 

EIS benefits and reliefs are correct as at July 2018. These may change from time to time and are not guaranteed. The Portfolio has been designed with UK resident taxpayers in mind and may not be appropriate or advantageous if you are not resident in the UK for tax purposes. In addition, certain of the EIS Reliefs may not be available if you cease to be UK tax resident or are not UK tax resident at the relevant time.

More information on the risks of investing in the WHIreland Discretionary EIS portfolio are available upon request.

  LEARN MORE

LEARN MORE ABOUT OUR DISCRETIONARY EIS PORTFOLIO

Paul Sheehan, EIS Portfolio Manager

Paul has over 28 years' fund management experience and has managed our EIS portfolios since 2011.

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Paul Sheehan

To find out more call us on 0800 877 8866