CoInvestor has launched a free service that allows advisers and investors to record and manage all of their Enterprise Investment Scheme (EIS) and unlisted investments online.
EIS Wallet, which is free to use, is currently available in a ‘beta mode' - in other words, accessible to users but still being tested - with future plans to embed the functionality within the CoInvestor platform. The service has been created in an attempt to make managing income tax relief and any capital gains implications from investing in EIS easier and less paperwork-based. EIS Wallet and CoInvestor founder Charles Owen said: "Being in the business of alternative investments, many of which offer tax-efficient savings, we realised there was no standardised way for investors to record...
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