You may be thinking that there’s no need to think about EIS until January next year. But before you pack up for a well-deserved summer break, make a note to check your EIS investment needs in September.
Many of you probably have income tax or CGT to pay in January 2014. An EIS investment is one way to avoid or defer paying. The key question is when to make that EIS investment.
The client will need an EIS3 form to send to HMRC in January. It typically takes a month or two to get the EIS3 form after the investment has been made. That means investing in October/November. So September is a crucial time for you to select the right EIS.
We used to be fairly ambivalent about EIS investments, until we found a highly professional investment team that seeks out very good investment deals.
We understand that they are working on a slate of new deals the first of which will become available in September.
Ray Best can help you protect your financial future. To find out more, simply click here!