Relief for Investment in Corporate Trades for individuals
Employment Investment Incentive (EII)
EII is a tax relief which aims to encourage individuals to provide equity based finance to trading companies.
You can claim tax relief on your investment when certain conditions are met. The relief is split into two tranches:
- thirty fortieths (30/40) in the year of investment
- ten fortieths (10/40) in the fourth year after the initial investment.
Companies will issue shares to you for the amount you invest. You must hold those shares for at least four years.
EII is available to qualifying individuals who make qualifying investments. You will qualify if you, or your family, do not own any capital in the company.
More details on EII can be found in the following manuals.
For share issues on or after 1 January 2019:
For share issues on or before 31 December 2018:
Next: Start-up Capital Incentive (SCI)