Clients who have sold a business and made a capital gain could face the prospect of a significant Capital Gains Tax (CGT) liability.
Investing in a portfolio of Enterprise Investment Scheme (EIS) qualifying companies can enable your clients to take advantage of tax benefits, including deferring the capital gain that will arise when the business is sold.
Additionally, clients can benefit in other ways too from investing in high-growth UK technology companies, including the potential for capital growth.
To learn more, we've created a case study to show you a client scenario of sheltering CGT gains after selling a business, and the benefits an EIS investment provides:
Register for our upcoming webinars
Building on the momentum of our successful February webinars, we're excited to announce that we'll be hosting another CPD-qualifying webinar this March and invite you to register.
As we head into tax year end, Dominique Butters will be helping you to
uncover opportunities in your client book where a Venture Capital Trust (VCT) or an EIS may help them to achieve their investment objectives.
Examples will include:
- Reducing pension problems once you reach the lifetime allowance
- Deferring and mitigating Capital Gains Tax
- Sale of a business
More details on the webinar and how to register below:
If you would like to speak to us regarding the case study or would like to get in touch, please feel free to contact the team.
Our highly qualified regional BDMs would be delighted to sit with you and work through different client scenarios or possible planning options to help your clients achieve their best outcomes.
Don't forget, Tax Year End is approaching
Now’s the time to be talking to your clients about investing tax-efficiently before the end of the tax year.
Investors can claim a 1.0% discount on Blackfinch Spring VCT applications received before 3pm on 3rd April 2023.
Our next EIS application date is 24th March. Any EIS funds received and cleared by 24th March will be deployed in the current tax year, meaning you can elect for all or part of your EIS shares acquired in one tax year to be treated as though they had been acquired in the previous tax year.
Find out more, and apply online, for our Blackfinch Spring VCT and EIS investments.
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