EIS Appeal: Investment Plus Tax a Winning Combo
- On October 31, 2018
- By GrowthInvest Admin
The appeal of private investment is growing and investors are now seeking out tax-efficient investments like EIS for the investment opportunities as much as the tax boost.
Paul Wilson, Chairman of IFA Magazine Publications and former wealth manager, says the appeal of EIS is changing, although many advisers and clients still focus on the tax breaks on offer.
“Traditionally it was a tax-driven investment,” he says. “You looked at the number, and it was all about asset backing and minimising risk. My own experience was you spent 50 minutes on tax and numbers, five minutes on the [investment] proposition,”
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