Image:
Tom Hopkins: "A £100,000 gain on a property invested into EIS not only results in £30,000 initial income tax relief but a deferral of the £28,000 CGT liability on the gain."
As HMRC announces a record £9.2bn in CGT receipts, Tom Hopkins looks at flows into the tax-efficient sector in 2018/19 and explains why EIS should play an increasingly important part in client conversations
And breathe … though not for long. The tax-year end is always a busy time for tax-efficient fund managers and financial advisers but this year was more complicated than usual - and I am not talking...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.
