Andrew Rainford BA (Hons), ATT, CTA is the editor in chief of Tax for Professionals (Indicator-FL Memo).
Enterprise Investment Scheme 3rd Edition
And Other Venture Capital Reliefs
This third edition is due to be published in April 2024. If you need commentary sooner, please contact us about the previous edition, which is still available.
This title offers a clear explanation of the enterprise investment scheme, of seed EIS, of venture capital trusts, of investors’ relief and of community investment tax relief. The book also includes coverage of social investment tax relief to the extent that those rules remain relevant.
In each case, the author looks at the range of tax incentives offered by the legislation, including (as appropriate) income tax reliefs, CGT exemptions, CGT deferrals, and relief for losses incurred. In relation to each scheme, the conditions for relief are examined in detail and are illustrated with helpful examples.
Complicating factors are addressed as required, for example where an individual is connected in some way with the company or where tax relief has to be clawed back because the company ceases to meet the qualifying conditions.
“A comprehensive guide to the tax rules for the venture capital schemes. … I would certainly recommend it.” – TAXline review of first edition
Contents (in brief)
Enterprise investment scheme
Venture capital trusts
Seed enterprise investment scheme
Community investment tax relief
New for this edition
Extension of the enterprise investment scheme
Extension of the venture capital trust scheme
Case law re risk to capital
Withdrawal of social investment tax relief
New chapter on investors’ relief
New chapter on community investment tax relief
The table of contents and extract below are from the previous edition. These will be updated about two weeks before publication.