Should you sell your shares in the business before the three year period has ended, you may be required to pay back some, or all, of the original income tax relief received. This is called “clawback” and is explained further below. What is EIS clawback and how does it work? EIS ...
General SEIS/EIS SEIS/EIS Advance Assurance and Compliance - What's the difference? The Control and Independence Requirement under SEIS/EIS Explained Your SEIS Allowance: De Minimis Aid Deductions How does SEIS affect Capital Gains Tax and when can I claim Loss Relief?
“What it (the Revenue) is trying to do is to move EIS away from guaranteed returns type schemes,” explained one experienced film financier. “An important part of EIS is that the investors have to take genuine risks. What is reportedly concerning the Revenue is that there are schemes that...
2. The range of tax issues that companies are now considering in their transactions has expanded rapidly beyond matters such as tax relief for the costs of transaction debt. It now includes many areas that were not previously considered in transaction structuring. 3. Identifying tax savings and ...