Calculus capitalises on lifted EIS sunset clause with new fund

The government policy was part of the Mini Budget and renewed the scheme beyond its 2025 deadlines. This move was warmly received by the investment trust community and Calculus said that the offering comes following the "renewed endorsement" from the government. Knowledge Intensive EIS will give investors the opportunity to invest in early-stage UK companies with a "societal purpose and impact", while at least 80% of the fund's capital will be invested in firms "carrying out research and development to create new intellectual property". The new fund will aim to return £2 tax-free f...