EIS – the patriotic way to reduce tax bills – Portfolio Adviser

EIS – the patriotic way to reduce tax bills

Susan McDonald, chairman of Calculus Capital, said: For many investors Enterprise Investment Schemes (EIS) – as with VCTs – have always held attractions from a tax perspective, but were considered too risky.

“Changes announced in last week’s Budget – allowing investment in larger companies – will change that perception. Consequently, portfolio managers are likely to see increased interest from their clients.”

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