Availability of EIS Shares

Several factors restrict the number of Accolade Partnership Ltd shares that can be issued in either tax year 2015/16 or 2016/17... and still qualify for Enterprise Investment Scheme status.

EIS rules stipulate that all share money subscribed must be 'employed' in the company within two years. We don't want to make commercial decisions that may be unsound, just to comply with this requirement. Recently, Tax Tribunal decisions have clarified when funds have been 'employed' but the risk of non-compliance outweighs the rewards. It is better to err on the side of caution than to have an investor lose their tax relief because a technical breach caused it to be withdrawn. 

Another EIS rule restricts to 30% the shareholding of any individual who wishes to benefit from tax relief (together with 'associates'). For the purposes of Enterprise Investment Schemes, a brother or sister are not considered to be 'associates'.   

For the Accolade Investor Exit Strategy to work well, the number of maturing EIS shares should be commensurate with the ability of employees to buy them. The more shares in circulation, the lower the dividend per share. High annual bonus earnings allow employees to buy mature shares, should they choose to do so. 

Good dividends, paid over the long-term, encourages staff participation in the Accolade Employee Share Ownership Plan. Tax on dividend earnings is much lower than Income Tax as there is no Employee or Employer National Insurance to pay.

Accolade Office - Enterprise Investment Scheme opens to investors - 2015

Phone 0141 774 4600 to check availability of this 30% tax saving EIS

An Enterprise Investment Scheme is by far the best way of exploiting tax breaks

^-<-< Use this Form or the 'Contact Us' page for more information about our EIS

Email a link to this page 'Available 2015'

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EIS relief takes the edge off your tax bill

Inaccessible Pinnacle 
Sgurr Dearg 
Isle of Skye 

Photo taken by Bill Gray, 
Managing Director @ Accolade, 
Sunday May 1st 2011

"He either fears his fate too much,
Or his deserts are small,
That puts it not unto the touch, 
To win or lose it all."

Extract from 'My Dear and Only Love' written in 1643 by James Graham, Marquis of Montrose. 

Original text & images are Copyright to Accolade Office- europe Limited © 2015

Original images have been pixellated with a pattern that makes them identifiable as the unique copyright property of Accolade Partnership Ltd, applicable within all legal jurisdictions, worldwide.

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An Enterprise Investment Scheme is an appropriate venture for UK income tax payers who can self-certify being a sophisticated investor.
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