Enterprise Investment Scheme

The Enterprise Investment Scheme (EIS) is a series of UK tax reliefs launched in 1994 in succession to the Business Expansion Scheme.[1][2] It is designed to encourage investments in small unquoted companies carrying on a qualifying trade in the United Kingdom.[3]

By the end of the 2014–15 tax year, a cumulative total of £14.2 billion had been invested under the scheme into approximately 25,000 companies. In that year, in excess of £1.8 billion was invested under the EIS.[4]

  1. ^ "New business expansion scheme may be too taxing (16 Apr 1994)". heraldscotland.co.uk. The Herald. 16 April 1994. Retrieved 17 January 2017.
  2. ^ "The EIS evolution: How will incoming changes affect investors?". CityAM. 27 February 2019. Retrieved 3 June 2020.
  3. ^ Thorpe, David (5 October 2018). "Investment schemes offer tax relief to encourage investment in small or medium-sized companies". What Investment. Retrieved 3 June 2020.
  4. ^ "Comments on the latest EIS and SEIS fundraising data from HMRC". Enterprise Investment Scheme Association. Archived from the original on 18 January 2017. Retrieved 17 January 2017.