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EIS – Enterprise Investment Scheme
The Enterprise Investment Scheme (EIS) is a UK government initiative designed to encourage investment in small and medium-sized enterprises (SMEs) by offering various tax incentives to investors. The primary goal of the EIS is to provide these start-ups and growing businesses with access to much-needed funding, while also giving investors the opportunity to benefit from tax relief.
At Steve Pye & Co we can provide you with valuable guidance, ensure compliance, and help maximise the benefits of the Enterprise Investment Scheme. It’s essential to work with a qualified and experienced accountant who is familiar with the complexities of the EIS to navigate the scheme successfully.
Here is how we can help you with an EIS:
- EIS Eligibility: We can determine if the business seeking investment qualifies for the EIS.
- Compliance: EIS has strict compliance requirements, and we can help the company meet these obligations. They will ensure that all necessary paperwork and documentation are properly completed and submitted to HM Revenue & Customs (HMRC) within the required timelines.
- Tax Relief Guidance: The primary benefit of the EIS for investors is the tax relief they receive on their investments. We can explain the tax implications and relief available to you.
- Investment Structuring: We can assist you in structuring the investment in a tax-efficient manner, ensuring that both the investor and the business benefit from the tax reliefs available under the EIS.
- Exit Strategies: EIS has specific rules regarding the timing and manner of exiting the investment. We can help the business and investors plan exit strategies that maximise the benefits and comply with the EIS rules.
- Annual Reporting: EIS-compliant companies are required to submit annual reports to HMRC. We help you prepare and submit these reports accurately and on time.
- Risk Assessment: The EIS involves investing in small and often early-stage companies, which can be riskier than traditional investments. We help potential investors assess the risks associated with an EIS investment and understand the potential returns.
- Financial Analysis: We conduct financial due diligence on the business seeking investment to ensure its financial health and viability.
For SME Owners
Our accounting services for Small and Medium-sized Enterprises (SMEs) offer tailored financial solutions to support your business’s growth, streamline operations, and ensure compliance.
For Individuals
As someone at the helm of a business, we understand that the journey can sometimes feel overwhelming and isolating. That’s why we’re here to help.
For Corporations
We know that navigating the landscape of corporate business operations requires more than just numbers – it demands a strategic approach and attention to detail.