Disclaimer: Not for Ordinary Retail. The information on this website is made available to Professional Advisers and their clients, Certified High Net Worths and Certified and Self Certified Sophisticated Investors.
This document does not constitute investment advice or a personal recommendation to buy or subscribe for financial instruments. Prospective investors should seek investment, legal, tax and accounting advice and such other advice as they see fit before making an investment.
EIS Portfolios are not suitable for all investors as the underlying investments are often illiquid and therefore high risk. An investment in the EIS Funds is long term in nature and will therefore not be easily realisable before maturity.
Under current legislation investment in Peardrop entitles qualified investors to generous tax incentives *:
- Income tax relief at 30% which can be taken in the tax year the Fund makes its investments or carried back to the previous tax year
- Full capital gains tax (CGT) deferral of tax due on other capital gains for the life of the investment
- Loss relief which can be taken as a deduction against income or as a capital loss (giving a total tax relief up to 61.5%** when combined with initial income tax relief)
- Full inheritance tax relief provided the investments have been held for two years and are held at time of death
* The information given above provides only a summary of the tax benefits. The rates shown are based on current UK legislation which could change in the future, possibly retrospectively. These tax benefits depend on individual circumstances. If you are unsure of your tax situation you should seek professional advice from a qualified tax adviser. Tax rules and regulations can be subject to change.
**assumes a higher rate tax payer
