If Bankers were to invest just one tenth of each million pound of bonus pay in an EIS, they would enjoy a tax rebate of £20,000.
Happy Investors!
Happy Investors!
Their £100k investment could create four graduate jobs at salaries of £25,000 each.
Happy Unemployed!
Tax & NI on those earnings; total = £24,000.
Happy Tax-man!...he's £4,000 up.
Happy Tax-man!...he's £4,000 up.
Dole queue and benefit payments cut.
Happy Politicians!
Happy Politicians!
Student Loans repaid.
Happy Treasury!
Happy Treasury!
Investment Bankers get their bonus.
Happy Chancellor!
Bankers join 'The Big Society'.
Happy Prime Minister!
Fewer 'high cost' small business loans.
Happy Banks!
After 3 years, shares are redeemed from profits. (free of Capital Gains Tax)
Happy Business! & Happy Investor!
After just 2 years, EIS shares become exempt from Inheritance Tax.
Happy Inheritor! but Sad Tax-man!
Emotion of Deceased? ...unknown!
E.I.S. (Enterprise Investment Scheme) is a Revenue & Customs approved, tax-efficient way for a qualifying firm to raise finance.
Emotion of Deceased? ...unknown!
E.I.S. (Enterprise Investment Scheme) is a Revenue & Customs approved, tax-efficient way for a qualifying firm to raise finance.
Information about E.I.S. can be found at www.EnterpriseInvestmentScheme.co.
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