Tax saving schemes where investors can obtain tax relief, tax free income and growth after a specified period. Higher risk and only appropriate for the high earner or sophisticated investor.

A direct investment in an unquoted company which satisfies certain criteria to do with size and type of trade carried on. In return for keeping the shares for three years, investors receive tax benefits.

Enterprise Investment Schemes Portfolios
A discretionary portfolio service run by a fund manager and investing in shares qualifying for EIS reliefs. Aimed at investors with large capital gains to shelter. Investor receives tax relief at point of investment by the fund manager in stocks.

Enterprise Investment Schemes (Approved)
A fund run by a fund manager and investing in shares qualifying for EIS reliefs. Aimed at investors wishing to build up an EIS portfolio but not wishing to stock pick themselves. An offering that offers tax relief in the year of investment by the investor; the fund then has six months in which to invest 90% of the sums raised in qualifying companies.

Past performance is not a guarantee of future performance, the value of investments and the income from them may fall as well as rise. Levels, bases of and relief from taxation may be subject to change in the future.