The Enterprise Investment Scheme (EIS) is a government initiative to encourage investment in unquoted small and medium-sized businesses. Individuals can invest up to £1 million per annum and investments must be held for a minimum of three years. The tax incentives are:
Taken together, these tax incentives enable high rate taxpayers to risk no more than 38.5% of capital invested.
Oakfield Capital Partners does not provide tax advice and recommends you consult with a professional advisor if you are unsure of any aspects of the EIS legalisation.
David has over 20 years' experience in the wealth management industry.
Prior to joining Oakfield, David was CEO of Broadstone Pensions and Investments, a wealth management business with 250 employees and revenues of £16m. Previously he was CEO of Close Wealth Management and a Director of Merrill Lynch International Private Client.
Beyond his wealth management experience David was Director of Marketing at the London Stock Exchange where he created a group-wide marketing department and chaired Aim Europe. Previously, as a management consultant at Gemini Consulting he advised clients on strategic and operational issues.
David holds an MBA with distinction from INSEAD and a BSc in Economics and Accounting from Bristol University.