As the tax year draws to an end with annual allowances for pensions and ISAs near exhaustion, you may be wondering which alternative investments can help your clients who want to invest tax-efficiently.

Far more than an alternative investment, however, the government-backed Enterprise Investment Scheme (EIS) remains a highly sought-after way for small UK companies to attract growth capital investment, having raised nearly £1.8bn in the 2016/17 tax year, according to government figures.

Not only does the EIS help companies grow and become more profitable, it provides investors with the opportunity to capitalise on that success. Indeed, with a surge in investment, interest and press coverage, in recent years EISs have become increasingly popular with advisers and their clients – and here are eight reasons why.

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