EIS Relief definition

EIS Relief means the income tax, capital gains tax and inheritance tax reliefs available to be claimed by subscribers for shares in EIS Qualifying Companies;
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EIS Relief means the tax reliefs available under the EIS, including the income tax relief, capital gains tax deferral relief and share loss relief;
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EIS Relief relief from income tax under EIS;
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Examples of EIS Relief in a sentence

  • In the case of the Fund, Innvotec will ensure that the proposed Investee Company complies with the definition of an SEIS or EIS Qualifying Company (as appropriate) and that any Investment proposed to be made by the Fund Manager on behalf of Investors is not, so far as Innvotec is aware, precluded in any other way that would prejudice an Investor’s entitlement to SEIS and/or EIS Relief.

  • We do not accept liability for any act or omission on your part which may result in you not being entitled to EIS Relief..

  • The Fund Manager will manage those portfolios on a collective basis in accordance with the investment objective of securing capital appreciation from subscriptions in Qualifying Companies for the purposes of EIS Relief at the time of original investment.

  • 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.

  • Pe Investor acknowledges and agrees that circumstances may arise whereby it may be more efficient to lose EIS Relief in order to realise the investment in an investee company, including (but not limited to) circumstances where the gain exceeds the tax benefits.

  • An investment by a EIS Qualifying Investor in a EIS Qualifying Company which meets all other conditions in the EIS necessary to obtain EIS Relief including holding on to the relevant share for the applicable three year period An investor who is a qualifying investor for the purposes of EIS.

  • We do not accept liability for any act or omission on your part which may result in you not being entitled to EIS Relief ..

  • I wish / do not wish* to seek SEIS / EIS Relief; (*delete as appropriate) Please select one of the choices below: I wish all of our Commitment to be invested into the Fund, with investment into a portfolio of EIS and SEIS Companies in the proportions outlined in the Fund Management Agreement (subject to sufficient SEIS capacity being available in Investee Companies).

  • We may also amend these terms by giving you written notice with immediate effect if required to comply with Inland Revenue requirements to maintain EIS Relief or to comply with the FCA Rules, and you shall be bound thereby.

  • The Fund Manager will manage those portfolios on a collective basi s in accordance with the investment objective of securing capital appreciation from subscriptions in Qualifying Companies for the purposes of EIS Relief at the time of original investment.


More Definitions of EIS Relief

EIS Relief means tax relief pursuant to the Enterprise Investment Scheme;
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EIS Relief means relief under Part 7 of the Taxes Act or Part 5 of ITA 2007;”.
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EIS Relief means the relief available to investors under EIS
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EIS Relief. Relief from income tax under EIS. Enterprise Investment Scheme or EIS: The Enterprise Investment Scheme as set out in the Income Tax ▇▇▇ ▇▇▇▇ sec- tions 156-257 and in sections 150A-150C and schedule 5B of the Taxation of Chargeable Gains ▇▇▇ ▇▇▇▇. Execution-Only: a transaction which is executed by a financial intermediary (an “Execution-Only Broker”) upon the specific instructions of a client where the firm does not give advice relating to the merits of the transaction or make a personal recommendation. Exit: A listing, sale of the entire share capital of an Investee Company, winding up or other capital distribution. FCA: The Financial Conduct Authority who can be contacted at ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇ ▇▇▇.
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Related to EIS Relief

  • General relief means money payments and other forms of relief made to those persons mentioned

  • Accounts Relief means any Relief taken into account in computing and so reducing or eliminating any provision for Tax (including deferred Tax) which appears in the balance sheet in the Completion Accounts or which was taken into account in the Completion Accounts as an asset;

  • Relief means any loss, relief, allowance, exemption, set off, deduction, right to repayment or credit or other relief of a similar nature granted by or available in relation to Tax pursuant to any legislation or otherwise.

  • Expert advice or assistance means advice or assistance derived from scientific, technical, or other specialized knowledge.

  • the Academies means all the schools and educational institutions referred to in Article 4a and operated by the Academy Trust (and “Academy” shall mean any one of those schools or educational institutions);