RE: RNS25 Jul 2018 17:23
Just to add out of interest that EIS is also used / a very good way of increasing / providing extra loss relief for high income individuals ....protection which you would not benefit from, if you invested outside an EIS.
"In either case, the relief is offered net of other reliefs that are already applied. Therefore, if you invest £10,000 and you later sell the shares for £2,000, if you have claimed income tax relief of £3,000 and it has not been withdrawn, you could claim relief on the loss of £5,000 (£10,000 - £3,000 - £2,000). This would give a relief for an additional rate tax payer of £5,000 x 45% = £2,250, reducing the loss to £2,750."
https://blog.growthfunders.com/how-to-claim-your-eis-tax-reliefs-loss-relief