Examples of EIS Relief in a sentence
The Investment Manager may also amend these terms by giving the Investor written notice with immediate effect if such is necessary in order to comply with HMRC requirements in order to maintain the EIS Relief and CGT Deferral Relief or in order to comply with the FCA Rules, and the Investor shall be bound thereby.
The Manager may also amend these terms by giving the Investor written notice with immediate effect if such is necessary in order to comply with HMRC requirements in order to maintain the EIS Relief or in order to comply with the FCA Rules.
The Manager may also amend these terms by giving the Investor written notice with immediate effect if such is necessary in order to comply with HMRC requirements in order to maintain the Deepbridge EIS Relief and CGT Deferral Relief or in order to comply with the FCA Rules, and the Investor shall be bound thereby.
For the avoidance of doubt, any investor who is an Existing Shareholder will not be entitled to claim EIS Relief on a new investment in the Company.
In such case, some or all of the EIS Relief relating to that particular Investment will be lost.
Equally, following an Investment in anEIS Qualifying Company, the Fund Manager cannot guarantee the continued availability of EIS Relief relatingto that Investment because this depends on the continuing compliance with the requirements of EIS by theInvestee Company.• Advance Assurance will be sought from HMRC or advisers that each Investee Company is an EIS Qualifying Company, and that the EIS Relief will be available in respect of that Investment.
Investors will not obtain EIS Relief in respect of any such amounts set aside.
It is possible for Investors to lose their entitlement to EIS Relief by not taking these steps.• Whilst it is the intention of the Fund Manager to invest in companies which are EIS Qualifying Companies, the Fund Manager cannot guarantee that all Investments will qualify for EIS Relief.
Withdrawal of EIS ReliefInvestors should be aware that there are circumstances in which the EIS Relief on an investment in shares in EIS Qualifying Companies made thorough the Fund may be withdrawn.
The Investment Manager is required by FCA rules to obtain sufficient information from you to determine whether investment in the Fund is appropriate for you.Investments in the Fund are intended to be medium to long term and must be held for at least three years to qualify for EIS Relief.