The term EIS refers to the Enterprise Investment Scheme which aims to help the newly built businesses to have more investors. It works by giving the investors some tax aid if they buy a share of any start-up company struggling to gather funds. The UK government launched this scheme in the year 1994 and since then its benefiting lots of start-up companies and individual investors. So are you also an individual investor who is planning to buy a share of a newly launched company? If yes then give this article a read. Here we will discuss how as an investor you can get the maximum benefits of your EIS investment.

Find A Company With Promising Business Ideas

If you want to utilize your EIS shares we would recommend you invest the money in a start-up company that seems to have a promising business idea. This way you can expect your investment to get double in profit. Being a shareholder of such a promising start-up company is indeed a great start as an investor.

Hold Your Investment Up To 3 Years

Do you know the fact that an investor could claim around 30% tax relief if they hold their investment for up to 3 years? If you withdraw your share or sell it to any other investor you won’t get this benefit. So here we strongly insist you continue being a shareholder for up to 3 years. And honestly, 3 years is enough time for a firm to achieve some great amount of business profits.

Invest On A Knowledge-Intensive Firm

As a shareholder, you can get around £600,000 tax relief if you invest your money in a company that works in the area of education and research. Such an educational firm can increase your tax relief amount more and more. So we can’t see a better way to utilize your EIS shares than this one. And another fact is that such educational or research companies grow really fast and are amazing. So we believe as an investor you won’t regret this decision

Apply For An Income Tax Relief

The most amazing fact about EIS investment is that they let you claim a good amount of income tax relief. Do you have any guess on the amount? Well, it’s pretty surprising. Such a scheme lets you have 20-30% income tax relief. It is beneficial for the investors who have to pay a huge percentage of income tax every month to their governments. So why wait? Submit your tax relief application now.

Hope now you got all the ideas to make use of your EIS investment. So why wait? Make your investment wisely, get a big relief from paying a high amount of income taxes and be a shareholder of a well-growing company.