Investment in companies that are not listed on a stock exchange often carries a high risk of loss of capital, and low Market liquidity meaning that it may be difficult or time consuming to sell or realise the investment. The tax reliefs available under EIS are intended to offer investors some incentive to counterweigh those risks. Michael Portillo, Chief Secretary to the Treasury when the scheme was launched in 1993, said: “The purpose of Enterprise Investment Schemes is to recognise that unquoted trading companies can often face considerable difficulties in realising relatively small amounts of share capital. The new scheme is intended to provide a well-targeted means for some of those problems to be overcome.” Statistics suggest early stage equities grew by a compound annual rate of 33% between 2011 and 2016, whilst by comparison the London Stock Exchange for the main market companies increased by only 5%. If you’re a small – medium-sized business now is the time to make yourself more investible for those eager to reap the benefits of EIS.


The Enterprise Investment Scheme (EIS) provides tax incentives in the form of a variety of income tax and capital gains tax (CGT) reliefs to investors who invest in smaller, unquoted, trading companies.
The scheme entitles companies to raise up to £12m or £5m per year. This cap is raised to £20m if the company is considered “knowledge intensive”.

Every day we’re helping more and more start-ups gain EIS assurance and clearance. We’ve even designed a process with templates and industry knowledge that works – so you gain clearance seamlessly.


  • Have less than 7 years trading history
  • Have less than 250 employees for EIS
  • Have no more than £15m in assets for EIS
  • Not be quoted on a recognised exchange
  • Not be controlled
  • Have a UK permanent establishment 


  • 30% income tax reducer for the current year and previous tax year
  • 100% capital gains deferral if they roll previous gains into an EIS company from prior investments
  • 0% capital gains tax on any rise in market value of their shares
  • 50% extra loss relief on the capital at risk if the company fails
  • 100% inheritance tax relief


The EIS is essentially the big brother of the SEIS. EIS is designed for small and medium-sized businesses and comes with Income Tax relief of 30% against the amount invested. Start-ups on the SEIS are entitled to receive a maximum of £150,000, whereas an EIS investor can invest up to the maximum annual investment of £1m per tax year. An EIS company also has a higher lifetime cap of £12m or £20m if the company is “knowledge intensive”. You can read more about the differences between EIS and SEIS and get some extra handy tips on our blog.


To apply, your company will need to com. Companies looking to apply need to complete an advance assurance application known as the SEIS/EIS (AA) and then follow this up by completing an EIS1 form. Here at Tally Luacs, we know how to guide you through the process, and will continue to support you, beyond your fundraising efforts, to ensure you stay EIS compliant. plete an advance assurance application, the SEIS/EIS (AA) and follow this up by completing an SEIS1 form. Our expert teams can guide you through the process, and will continue to support you, way after fundraising is secured, to ensure you stay SEIS compliant.

The Core


Our pricing model is a core competency of the firm. It’s part of the way we do business. The pricing model is proprietary to Bespoke which takes into consideration the size and complexity of your business – such as the number of employees you have, the number of bank accounts you use, and the volume of transactions that go through your accounts each month.