Start Your Free Trial

Enterprise Investment Schemes (EIS)


05 February 2025
EIS film investment eligibility rejected despite advance assurance and meeting the Risk to Capital condition
The case of Hoopla Animation Ltd v HMRC in which the Upper Tribunal dismissed an appeal relating to the eligibility of shares in a pre-school television venture's Special Purpose Vehicle (SPV) for Enterprise Investment Scheme (EIS) relief purposes. A member of a group of companies who had provided subcontracting services to the SPV was 'party to' the arrangements

02 December 2024
Business relief
Conditions for business relief

25 October 2024
EIS income tax relief tax claim importance for CGT relief reiterated
The case of Kalay v Revenue and Customs (UKFTT 366 (TC) 01 May 2024), in which the taxpayer was unsuccessful in claiming EIS CGT relief because they had not claimed EIS income tax relief. It broadly mirrors R Ames v HMRC (2018) UK UT190 in application of the EIS rules, if not the circumstances governing HMRC’s conduct

Technical Connection
Check out the Technical Connection social hub...

Technical Connection Ltd, 1st Floor, York House, 23 Kingsway, London, WC2B 6UJ
Email: enquiries@technicalconnection.co.uk

CII & IFP Accredited MMA Finalist 2024 - Best support service provider