Downing LLP launches ‘knowledge intensive’ EIS fund
- On February 11, 2021
- By GrowthInvest Marketing
Downing LLP launches ‘knowledge intensive’ EIS fund to fuel entrepreneurial healthcare businesses in wake of Covid-19
Specialist tax-efficient investment manager Downing LLP is pleased to announce the launch of a new Enterprise Investment Scheme (EIS), giving investors the opportunity to support the unprecedented growth of companies at the cutting edge of healthcare.
The Downing Healthcare EIS Knowledge Intensive Fund is the latest addition to Downing’s prominent range of tax-efficient investments, which also includes Downing Ventures EIS and VCTs.
As the fund invests in knowledge intensive (KI) companies, this allows investors to receive attractive income tax relief in the same tax year the investment is made, as well as carry it back to the previous tax year. Investors who subscribe before the first close of the fund on 1 April 2021 can benefit from the income tax relief in the 2019/20 tax year as well as the 20/21 tax year.
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