The EIS Navigator 116 EIS & VC Basics: What are the EIS tax reliefs? with Brian Moretta of Hardman & Co
This is the second in the new basics mini-series for the EIS Navigator. This episode follows on directly from episode 115 and we go into the tax reliefs that are available on investments using Enterprise Investment Scheme (EIS). For many investors, these are one of the main attractions of the scheme and the reliefs are amongst the most generous in the world. Remember, video is also available alongside the Hardman Talks videos on youtube so check them out there.
In this episode, host Brian Moretta flies solo, giving a run through of the reliefs. These include:
- what is income tax relief?
- how capital gains deferral relief works
- what is loss relief
- what is the tax position on dividends
- how Business Relief can give EIS investments exemption from IHT
As well as explaining the reliefs, Brian brings in lots of examples. Enjoy!
Links
HMRC page on Enterprise Investment Scheme: https://www.gov.uk/guidance/venture-capital-schemes-apply-for-the-enterprise-investment-scheme
HMRC page on tax reliefs for venture schemes: https://www.gov.uk/guidance/venture-capital-schemes-tax-relief-for-investors
Subscribe to the EIS Navigator podcast on most services here: https://the-eis-navigator.captivate.fm/listen
You can see this episode on video too here.
The playlist for all the videos of the Basics series will be found here. https://www.youtube.com/watch?v=Dl7R2kXs_0I&list=PLuaVVfQg5eE8sL-3R2c25u7jcIgqJAxLv
Bio
Brian Moretta
Head of Tax Advantaged Research, Hardman & Co
Brian Moretta is the Head of Tax-Advantaged Research at Hardman & Co, and also covers Financials stocks and Investment Funds.
In addition to his role with Hardman & Co, Brian is an Honorary Fellow at Heriot-Watt University, where he lectures on actuarial science and financial economics. He has also been an examiner for the Faculty & Institute of Actuaries.
Brian has had a 25-year career in Financial Services, including more than a decade as a fund manager. He specialised in analysing financial services companies at SVM Asset Management, as well as managing two traded endowment funds and an equity fund, and working on hedge funds. He has also been a Trustee and Board Member for Scouts Scotland.
Brian joined Hardman & Co in 2013. A qualified actuary, he holds a PhD in Applied Probability and a BSc in Actuarial Maths and Statistics from Heriot-Watt University.
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