Why Enterprise Investment Schemes (EIS)?

One of the principal reasons to invest in EIS funds has been for the tax benefits. These benefits serve to both reduce the risk to your capital as well as enhancing the returns. Subject to certain conditions, investment in the Fund by a UK tax resident enjoys:

• Tax free capital gains (on any gains made by the Fund)
• Income tax relief
• Inheritance tax relief
• Capital gains tax deferral
• Loss relief

Tax rules can change over time and any benefit will also depend on individual circumstances, on investors retaining their investments for a three year period and on investee companies maintaining their qualifying status. Please refer to the HM Revenue and Customs website for further guidance on the tax reliefs available on EIS investments.

Structure

We are able to mitigate risk by investing in mature, profitable, growing businesses that provide both income and capital return. We aim to create a portfolio that creates a mix of later stage businesses operating in traditional industries with those that offer opportunities in high growth innovative industries.


Why Now?

We believe the current economic conditions create a unique opportunity to invest in growing UK companies where the constraints on other forms of finance have led to a shortage of capital.

At some point in the future these conditions will change. It is the Fund’s intent to build a portfolio that can be realised in a more buoyant economy. We are experienced at investing through varying cycles of economic expansion, contraction and changing tax structures.

Why BSC EIS?

Specialising in investing in the UK’s unquoted companies for over twenty five years, we have delivered 112 profitable realisations across all YFM managed funds. This, in turn, has provided returns that have put British Smaller Companies VCT plc as the top performing VCT (by Net Asset growth) over 1, 3 and 10 years (Source: Citywire, to August 2011).

British Smaller Companies EIS Fund is looking to utilise this expertise, flow of investment opportunities, experience and infrastructure by partnering with and co-investing alongside British Smaller Companies VCT plc and British Smaller Companies VCT2 plc.

To find out more about our BSC EIS fund click on the links below:

British Smaller Companies EIS:

• A winning EIS strategy
• BSC EIS key features
• EIS tax benefits
• BSC investment examples
• BSC track record of realisations

 

Past performance of any fund advised or managed by YFM Equity Partners or any of its subsidiary companies is no guide to future performance of the British Smaller Companies EIS Fund. The value of investments may go down as well as up and you may not get back the full amount invested.