EIS is now an investment option for MBOs

Enhancements to the Enterprise Investment Scheme (EIS) is one of the most useful policies introduced in the 2011 Budget – for business owners and tax payers looking to shelter their income from the current 50% tax rate. In addition to the increase in income tax relief from 20 per cent to 30 per cent making it more valuable to higher rate tax payers, access to the EIS scheme has also been widened.