EIS Investments

Investing in an EIS fund is a relatively simple way of getting exposure to a portfolio of young and ambitious companies. Each EIS fund typically invests in 5-10 such companies. If one of them is very successful, early investors could reap significant rewards. If a company fails, as is to be expected when investing at this early stage, tax relief could help mitigate the impact.

When you invest in EIS, you can receive up to 30% income tax relief (up to £300k if using the full £1 million yearly allowance – and potentially double that if investing in Knowledge Intensive Companies). Any growth is tax free and you can use the investment to defer chargeable gains from other investments. Furthermore, the investment should be free from inheritance tax, provided you hold it for at least two years and on death, and if things don’t work out you can use loss relief to offset the loss against your income tax bill. This could make EIS particularly attractive to wealthier investors looking for more advanced options to invest tax efficiently.

Wealth Club is the only investment service that provides full reviews of EIS funds from all the main providers, including presenting charges and performance in an easy-to-compare format. We also make it easier to manage your investments through our Portal, where you can usually see the investments you make through Wealth Club, latest valuation and any related documents.

Featured offers – marked with a small gold “W” – are the current offers with the most investment merit, in our view. Think of it as a shortlist of offers we would choose if we were to pick just a handful of investments of that type from what is available at the time, assessed using a quantitative and qualitative filtering process. We do this to help you make your own considered investment decisions. It is not a personal recommendation to invest.

As soon as we receive your application, we’ll acknowledge it and send it to the provider, who will match it with your payment. You will then receive confirmations once your application has been accepted and when your shares are allotted (including EIS3 or EIS5 certificates you will need to claim tax relief). Note: allotment timescales vary – you can check what timings the manager targets in each EIS fund’s review. You can monitor the status of your application in the Wealth Club Portal.