INVESTING IN SMALL TRADING COMPANIES

Enterprise Investment Scheme

The Enterprise Investment Scheme is designed to help smaller, higher-risk companies raise finance and investors can obtain generous income tax and capital gains tax breaks for their investment.  The table below sets out the income and capital gains tax reliefs.

Venture capital trusts

VCTs are designed to encourage private individuals to invest in smaller high-risk unquoted trading companies. They can receive income tax relief of 30 per cent of the amount invested, up to £200,000. Dividends paid out of VCTs are tax-free and capital gains are also tax-free.

Seed Enterprise Investment Scheme

A junior version of EIS known as Seed Enterprise Investment Scheme (SEIS) has been introduced - please see table below for differences.

Rates & Allowances Pages ► Income Tax Rates & Allowances ■ Capitlal Gains Tax ■ Pensions ■

■ Inheritance Tax ■ National Insurance ■ Statutory Pay ■ Child Benefit ■ Vehicles ■ VAT ■ ISAs ■

  ■ Corporation Tax ■ Capital Allowances ■ Stamp Duty & SDLT ■ Investing in a small business ■

Registered office: 61 Friar Gate, Derby, Derbyshire, DE1 1DJ   T: 01332 202660

Adrian Mooy & Co is the trading name of Adrian Mooy & Co Ltd.  Registered in England No. 05770414