Select Media SEIS Service 3 INVESTOR GUIDE
|
|
- Virginia Carter
- 5 years ago
- Views:
Transcription
1 Select Media SEIS Service 3 INVESTOR GUIDE A portfolio of new businesses creating and exploiting intellectual property in entertainment media. Offers investors the dual benefits of: High growth potential Tax relief including 50% income tax relief and up to 50% reduction in capital gains tax
2 1 What is SEIS? The Seed Enterprise Investment Scheme (SEIS) is a new Government initiative designed to promote investment into early-stage businesses by offering a range of attractive tax reliefs. For certain investors who pay higher rate tax and have sufficient income and capital gains tax capacity, this relief can cover up to 87.5% of amounts invested. Five different tax reliefs combine to make SEIS a powerful investment within any portfolio: 1: 50% income tax relief 2: Capital gains tax relief (up to 14%) against gains realised in 2013/14 1 3: Inheritance tax relief after 2 years while shares held 4: Tax free gains on disposal of profitable investments 5: Loss relief on non-performing investments To qualify for SEIS relief, key criteria include the requirement for investments to be made into unlisted early-stage businesses and shares to be held for at least 3 years. 1 Where carry back election is made.
3 2 SEIS Benefits The table below demonstrates the potential advantages offered by an investment into an SEIS qualifying company: 1: Underlying investment fails 2: Underlying investment doubles Investment 100, ,000 Upfront tax 50% 50,000 50,000 Upfront CGT 14% (when carried back against 2013/14 gains) 14,000 14,000 Investment return after 3 years Nil Investment fails 200,000 2 x return Loss relief (available for amount invested less income tax relief already claimed) 22,500 - Total return (including reliefs) 86, ,000 % return -13.5% 164% Losses limited to 13.5% mitigated by tax reliefs 2 x return further enhanced by tax reliefs up to 64% The illustration assumes an investor with: (1) an income tax liability of over 50,000 in relation to the tax year 2013/14; (2) a capital gains tax liability of over 28,000 in relation to the tax year 2013/14; (3) carry back election is made; and (4) the investor is able to claim share loss relief against income tax at the top rate of 45%. No warranty as to future outcome is implied or should be inferred. The value of investments can go down as well as up and you could lose part or all of your capital invested.
4 3 How does the Select Media SEIS Service work? The Select Media SEIS Service will invest into shares of early-stage media companies that have the potential to deliver significant capital growth and which qualify for tax relief under the SEIS. Portfolio Approach The maximum that can be invested by the Service into any one company under SEIS rules is 150,000. Therefore, the Service will invest across a portfolio of between 6 and 20 individual companies. A portfolio approach offers: Diversification Tax free gains on disposal of profitable investments Ability to claim loss relief on non-performing investments Balanced strategy The Manager (Daedalus Partners LLP) will select investments utilising the extensive industry knowledge of the Investment Adviser, Great Point Media. The portfolio will be selected to include diversification through different business models and across multiple sectors of the entertainment industry.
5 4 Investors Tax relief HMRC Select Media SEIS Service TV Creative Tech Music Books Film New Media Active Management Investments will be carefully monitored by the Manager, and at least one representative of Great Point Media will be appointed to the board of each investee company. Investors will receive: A pro-rata portfolio of shares in up to 20 companies which qualify under the SEIS SEIS 3 tax certificates which allows an investor to claim 50% income tax relief and capital gains tax relief (where applicable) in their annual tax return or by standalone claim Annual reporting on the performance of all shareholdings in the portfolio, including regular updates on the newly created content (TV shows, films, books, music albums etc)
6 5 Why invest? In SEIS? To access high potential returns from early-stage enterprises and exciting talent To access generous tax reliefs providing capital gains tax exempt disposal and downside protection up to 87.5% of amounts invested In a media SEIS? To access exciting off-market opportunities in a hit-driven sector The development of new intellectual property is relatively low cost, creating an opportunity for smaller businesses to successfully leverage the SEIS framework Now? To take advantage of a growing sector where the explosion of new platforms for consuming media (tablets, phones, online) has stimulated huge demand for new entertainment content to be created To take advantage of generous levels of tax reliefs available in the first years of the SEIS Service Details and Timetable Closing date: 2 April 2014 Minimum investment: 25,000 Service size: Minimum hold period: Target return range: 1-3m 3 years 100% - 300% (inclusive of all tax reliefs available)
7 6 Great Point Media The service is expected to benefit from the significant experience of the Investment Adviser, Great Point Media. The team offers a unique blend of experience in entertainment media and alternative investments. Entertainment Media Experience Over 60 years experience in entertainment media, including running TV production companies, content distribution businesses and television networks Produced, financed and distributed over $2bn of entertainment content Over 300 production credits in film and television EIS and SEIS Experience Previously managed the UK s largest media EIS fund in excess of 300m Managed over 200 companies qualifying under the EIS and SEIS Proven cradle to grave track record in managing EIS businesses delivering EIS certificates and value returned to investors worth over 150m Daedalus Partners Manager of the Select Media SEIS Service providing a further wealth of experience in the structuring, management and administration of SEIS and EIS businesses Daedalus is a market leading SEIS manager and currently manages 5 discretionary SEIS services
8
9 8 Being transparent Investment services can be layered and opaque, making it difficult to get under the bonnet of what is really happening. The following information is, therefore, designed to provide investors with a more detailed understanding of the operation and risks of the Service. All potential investors should read the Brochure for the Select Media SEIS Service prior to investing and are recommended to seek independent financial advice. We welcome any further questions and can always be contacted at info@greatpointmedia.com or Risks The Service is investing in high risk, start-up businesses and therefore, an investment may not be suitable for all types of investor. The value of an investment in the Service can go down as well as up and you may not get back the full amount subscribed. Investments made by the Service will likely be highly illiquid and so investors should consider this to be a medium to long-term opportunity. The levels of returns and availability and timing of any tax reliefs will be contingent on a wide range of assumptions including: Amendments to the tax legislation, applicable rates, the interpretation thereof by HM Revenue and Customs and an individual s personal circumstances Changing trends or factors affecting the entertainment and media industry which impact on the ability of a Company to access projects or realise targeted revenues The ability of the Manager and Investment Adviser to identify and secure suitable SEIS qualifying investment opportunities Full details of risk factors are set out in the Risks section of the Brochure.
10 9 SEIS tax benefits 1: 50% income tax relief 2: Capital gains tax relief - at 50% of marginal 2013/14 CGT rate (14%) when carry back election is made 3: Inheritance tax relief after 2 years while shares held 4: Tax free gains on disposal of profitable investments 5: Loss relief on non-performing investments To benefit from the upfront tax reliefs of the SEIS: You must have a corresponding income tax liability in either 2013/14 or 2014/15 (or both) If you elect to carry back and have an income tax liability on 2013/14, you can also claim additional relief against capital gains tax in 2013/14 Applied against 2013/14 tax year Applied against 2014/15 tax year Investment ( 100,000) ( 100,000) Income tax relief 50,000 50,000 Capital gains tax relief* 14,000 n/a Total upfront tax relief 64,000 50,000 Share loss relief** 22,500 22,500 Total potential relief 86,500 72, % 72.5% % NOTE 1: You cannot claim capital gains tax relief alone. NOTE 2: You cannot claim income tax relief against 2014/15 and claim CGT relief against 2013/14 * Assumes the investor has a capital gain realised in 2013/14 tax year at the top rate of CGT in each year and makes a carry back election. ** Assumes the investor is able to claim share loss relief against income tax at the top rate of 45% if shares in a company become of negligable value.
11 10 Blended returns illustration The table below illustrates the potential returns across a blend of different outcomes. Failure companies (100% loss) Below Par companies (50% loss) Par companies (breakeven) Success companies (300% return) TOTAL Investment ( 25,000) ( 25,000) ( 25,000) ( 25,000) 100,000 Upfront income tax 50% 12,500 12,500 12,500 12,500 50,000 1 Upfront CGT relief at 14% (when carried back to 2013/14) 3,500 3,500 3,500 3,500 14,000 2 Investment return after 3 years Nil 12,500 25, , ,500 3 Loss relief 5, ,625 4 TOTAL return 21,625 28,500 41, , ,125 Positive % return -13.5% 14% 64% 364% 107% Service Target Return 100% - 300% 1 50% upfront income tax relief 2 14% upfront capital gains tax relief (when carried back to 2013/14) 3 No tax on gains 4 Relief on losses available for amount invested less income tax relief (@45%) The above returns are set out for illustrative purposes only and are not a reliable indicator of future performance. The illustration assumes an investor with (1) an income tax liability of over 50,000 in relation to the tax year 2013/14; (2) a capital gains tax liability of over 28,000 in relation to the tax year 2013/14; (3) carry back election is made; and (4) the investor is able to claim share loss relief against income tax at the top rate of 45%. No warranty as to future outcome is implied or should be inferred. The value of investments can go down as well as up and you could lose all or part of your capital invested. The Service will be invested in small, high risk ventures and therefore an investor may lose the entirety of their investment.
12 11 Portfolio strategy The Select Media SEIS Service will invest in the creation of intellectual property across up to six sectors of entertainment media. The Manager has identified 3 target investment models (A, B and C) based on risk/return profile. Type A and B models have a more cautious growth strategy, while Type C employs a high growth strategy At least 70% of the Service will be invested across Types A and B, with no more than 30% invested in Type C > 70% < 30% Type A Type B Type C Creation of new IP with targeted end-users or proven business models Creation of new content with identified distribution outlets Development of entirely original concepts and technologies Low Mid High RIsk profile Television Creative Technology Music Book Publishing Feature Film New Media
13 12 Television development Backing proven writers who have proprietary relationships with broadcasters and targeting known scheduling and genre requirements Targeting a premium return for developed scripts and share of all media profits Creative technology Backing proven technology development teams to create new creative software and applications for pre-identified end users with buyer specific products Music Creation of new music by breakthrough acts and household names (e.g. Gladys Knight), benefitting from contractually agreed distribution from established publishers (e.g. Concord Music) Opportunity for SEIS businesses as costs of recording new music greatly reduced by advances in digital technology Children s book publishing Creating an exciting new range of children s books leveraging A-list talent, including Isabella Rossellini, John Voight, Kelsey Grammer and John Lithgow Distribution capability from renowned publishing houses (e.g. Little Brown/Hachette) Feature films Creating new scripts based on original ideas from proven writers and directors Access to top emerging talent through its Film Makers of Tomorrow programme with prestigious film schools New media Creating new content (short films and interactive graphic novels) for new online platforms Potential for uncapped returns through online viral fan base Opportunities with high profile creative talent including James Manos Jr (writer and producer of Dexter and The Shield)
14 13 Investment timetable Q: When can I invest? A: Before 2 April 2014 Q: Against which tax year can I claim relief? A: 2013/14 or 2014/15 or both. NOTE: You cannot claim CGT relief alone and any claim for CGT relief carried back to 2013/14 gains must be made with a corresponding claim for income tax relief in 2013/14. 50% relief against 2013/14 and/or 2014/15 income 14% maximum relief against 2013/14 gains (50% of marginal 2012/13 CGT rate) Any relief against 2014/15 gains to be confirmed in 2014 Budget 5/4/13 5/4/14 Application deadline 2 April 2014 Target deployment period
15 14 Q: When can I claim relief? A: Once you have been issued with your SEIS3 certificates. Relief can be claimed in your annual tax return or via a standalone claim. Q: When will investments be realised? A: Investors must hold each investment for at least 3 years to qualify for SEIS relief. SEIS 3 Tax Certificates Return on investments 3 years later Winter / / /20
16 15 The Investment Advisor Great Point Media is a boutique media business specialising in the development and exploitation of intellectual property in entertainment media. Jim Reeve Jim is an Emmy award winning producer with 25 years experience in the development, production, financing and distribution of television programmes and films, with credits including Foyle s War and Jack Higgins On Dangerous Ground. Jim was head of television at Ingenious Media responsible for deploying and negotiating more than 250 million worth of investment in TV content. Robert Halmi Jnr Robert is an Emmy Award and Golden Globe Award winning film and television producer, with in excess of 250 production credits to his name, including Lonesome Dove, which earned seven Emmy Awards and a Golden Globe for best Mini-series. Robert has been the Chief Executive Officer of four publicly listed entertainment conglomerates, alongside serving as Chairman of Crown Media, Inc. where he founded the US television network, Hallmark Channel, now broadcast to over 80 million homes. Kok-yee Yau Prior to joining GPM, Kok-yee was a key member of the commercial team at Ingenious Media, where she was responsible for sourcing and evaluating suitable EIS opportunities within the television sector, and oversaw the production of over 75 television programmes. Kok-yee qualified as a chartered accountant at Grant Thornton, specialising in the audit of companies in the media and financial services sectors. Fergus Haycock A qualified solicitor, Fergus spent nearly 6 years at Ingenious Media before joining GPM in April At Ingenious he specialised in television production and media project financing, managing a 300m fund and over 100 television productions. From 2012 he was Fund Managing Director of Ingenious Broadcasting, the UK s largest independent TV fund. Dan Perkins Dan qualified as chartered accountant with Deloitte and specialises in the management and capital raising for alternative investment opportunities, including EIS, SEIS and BPR investments. Prior to joining GPM, Dan was an Investment Director at Ingenious Media responsible for investment and distribution strategy.
17 16 Performance fees and charges Financial adviser Commission (where applicable): 3% An intermediary may instead elect to receive initial commission of 2% with an on-going trail commission of 0.5% payable over 3 years. Where reduced or zero commission is payable, investors will receive an additional interest in the Service. Service charges 1 Initial fee (net of commission): 3.5% Annual management fee: 1.5% (plus 995 per company) A Custodian fee of 0.35% will be charged annually by the Manager. Performance fee 50% above 1.50 per Company The Manager, Investment Adviser, Promoter and company directors are all incentivised in the performance of the Service and between them will participate in 50% of profits generated over 1.50 per 1 invested in each company. 1 Service charges are shown here net of intermediary commission. The initial fee as stated in the Brochure is 6.5%, out of which 3% is used to meet intermediary commission.
18 17 How to apply All potential investors should read the Information Memorandum for the Select Media SEIS Service prior to investing and are recommended to seek independent financial advice. For a copy of the Brochure please contact your financial adviser or for more information visit The Brochure contains the Application Form and further details on how to apply. Application deadline: 2 April 2014 Minimum investment: 25,000 Further information available: Independent reviews of the Service Contact details Great Point Media Jim Reeve info@greatpointmedia.com Daedalus Partners Jessica Franks info@daedalus-partners.com RAM Capital taxsolutions@ramcapital.co.uk
19 18 Important information This document relates to the Select Media SEIS Service 3 Spring 2014 (the Service) and is issued by Daedalus Partners LLP (Daedalus), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom. This presentation is subject to the provisions of the brochure (Brochure) for the Service published by Daedalus, dated 6 January 2014 as amended and/or supplemented from time to time. The terms of the Brochure shall prevail in the event of a conflict between the terms of this document and the Brochure. Any decision in connection with an investment in the Service should therefore be made only on the basis of information contained in the Brochure issued in connection with the offer and not on this document. Nothing in this document is intended to constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for the Service. If you are in any doubt about the content of the Brochure, and/or this document and/or any action you should take, you are strongly recommended to seek advice immediately from an independent financial adviser authorised under the Financial Services and Markets Act 2000 (FMSA) who specialises in advising on opportunities of this nature. Potential investors should seek their own professional advice on the taxation consequences of investing in the Service. Nothing in this document or Brochure constitutes investment, tax, legal or other advice by Daedalus. Any references to tax laws or levels in this communication are subject to change. An investment in the Service will not be suitable for all recipients of this document or the Brochure and your attention is drawn to the section headed Risk Factors in the Brochure. All statements of opinion or belief contained in this document or Brochure and all views expressed, statements made and all projections and forecasts regarding future events or the anticipated future performance of the Service represent Daedalus own assessment and interpretation of information available to them as at the date of the Brochure. No representation is made, or assurance given, that such views, statements, projections, forecasts or anticipated future performance are correct, attainable or complete or that the objectives of the Service will be achieved. The views, statements, projections, forecasts and anticipated future performance are based upon various assumptions and estimates which involve significant judgment and analysis and which are subject to uncertainties and contingencies; actual results could differ materially from those set forth in such projections, views, statements, forecasts and anticipated future performance. Prospective investors must determine for themselves what reliance, if any, they should place on such statements, views or forecasts and no responsibility is accepted by Daedalus in respect thereof. Past performance is not a guide to future performance and may not be repeated. The value of an investment in the Service can go down as well as up and you may not get back the full amount invested. You should consider an investment in the Service as a medium to long term investment. Contracts held by Companies are likely to be illiquid. This document may not be copied or reproduced, either in whole or in part, without the prior written consent of Daedalus. The terms of the Brochure shall prevail in the event of conflict between the terms of this document and the Brochure. Issued by Daedalus, Shelton Street, London, WC2H 9JQ. Daedalus is authorised and regulated by the Financial Conduct Authority in the United Kingdom.
20 IMPORTANT NOTICE This document is for information only and does not form part of any offer to purchase securities and no reliance should be placed on it. Any subscription to the Select Media SEIS Service 3 should be made solely on the basis of the Brochure and potential investors are recommended to seek independent financial advice.
Select Television Production EIS 7
Select Television Production EIS 7 INVESTOR GUIDE 2018 UK production businesses creating and exploiting new television content for the international marketplace. Offers investors the dual benefits of:
More informationSelect Television Production EIS 5
1 Select Television Production EIS 5 INFORMATION MEMORANDUM 2016/2017 1 Important notice An investment in the Select Television Production EIS 5 (the Fund) will not be suitable for all recipients of this
More informationAMPLIFY MUSIC SEIS 5
AMPLIFY MUSIC SEIS 5 An opportunity to invest in a portfolio of ten pre-identified start-up music companies, each of which will be managed by a world-class artist manager, has already been granted provisional
More information5.6bn. 3bn A COMMON PROBLEM. 2.3bn THE INGENIOUS SOLUTION
abc ESTATE PLANNING THE OVERVIEW WE ARE WELCOME TO INGENIOUS ESTATE PLANNING At Ingenious, we believe that preparing for changing circumstances is a cornerstone of sound financial planning especially when
More informationTax Efficient Review. Review of Enterprise Investment Scheme fund seeking growth without track record - media - marketing. Select Media Marketing EIS
Editor Martin Churchill BSc (Econ) FCA March 2017 Tax Efficient Review Review of Enterprise Investment Scheme fund seeking growth without track record - media - marketing Select Media Marketing EIS Reprinted
More informationSHELLEY MEDIA OVERVIEW
SHELLEY MEDIA OVERVIEW ENTERPRISE INVESTMENT SCHEME (EIS) RISK FACTORS An investment in EIS is high risk. Some of the principal risks are outlined below. Further details are outlined in the Risk Factors
More informationPrime Time EIS 1 Oc tober 2013
Prime Time EIS October 1 2013 Contents Overview EIS Why invest in Television Market Opportunity Investment Strategy Investment Team Questions 2 Overview Attractive opportunity to invest in a portfolio
More informationEVOLVE ASSET FOCUSED EIS PORTFOLIOS
EVOLVE ASSET FOCUSED EIS PORTFOLIOS CONTENTS WELCOME TO BLACKFINCH 3 WHAT IS AN ENTERPRISE INVESTMENT SCHEME? 4 HOW IT WORKS 6 KEY BENEFITS 8 RISKS 9 HOW TO CLAIM TAX RELIEF 10 TAX RELIEF ILLUSTRATED 11
More informationESTATE PLANNING IEP CARE & IEP CARE COVER SERVICE OVERVIEW
ESTATE PLANNING IEP CARE & IEP CARE COVER SERVICE OVERVIEW WELCOME TO INGENIOUS At Ingenious, we believe that preparing for changing circumstances is a cornerstone of sound fi nancial planning especially
More informationM E D I A E I S P O RT FO LI O S
MEDIA EIS PORTFOLIOS 2 CONTENTS PAGE AN INTRODUCTION TO BLACKFINCH 5 THE EIS OPPORTUNITY 6 INVESTMENT STRATEGY 7 MUSIC PUBLISHING 8 TELEVISION DISTRIBUTION 9 INVESTMENT TEAM 10 THE BLACKFINCH MEDIA EIS
More informationRenewable Energy Fund
For discussion purposes only not suitable for retail clients Renewable Energy Fund Trusted Alternatives Summary Document March 2013 Under The Enterprise Investment Scheme Summary Document The following
More informationExecutive Summary. An EIS Fund IRON BOX CAPITAL. Film Investment Advisers
Executive Summary An EIS Fund IRON BOX CAPITAL Film Investment Advisers 2 PARTICLE Introduction Iron Box Capital Ltd, an appointed representative of Sturgeon Ventures LLP, and Amersham Investment Management
More informationTax efficient investing in private companies
Enterprise Investment Schemes Tax efficient investing in private companies What are Enterprise Investment Schemes? The Enterprise Investment Scheme (EIS) was initiated by the UK Government in 1993 in an
More informationThe Alternative Investment Platform Guide to investing in SEIS
The Alternative Investment Platform Guide to investing in SEIS be From the beginning to the end of the process, we offer investors and professional advisers complete financial transparency. For professional
More informationEQUITY PORTFOLIO SERVICE
EQUITY PORTFOLIO SERVICE Build a private company equity portfolio Private Company Investment Specialists Private companies are a unique asset class correlated not to the market but to entrepreneurial drive.
More informationTAX EFFICIENT VENTURE CAPITAL SCHEMES - VCT, EIS, SEIS. proven. Steven Tuckley. Chief Financial Officer Beringea LLP
TAX EFFICIENT VENTURE CAPITAL SCHEMES - VCT, EIS, SEIS Steven Tuckley Chief Financial Officer Beringea LLP proven RISK WARNING This presentation is intended for FCA regulated firms only and more specifically
More informationA guide to Enterprise Investment Schemes
A guide to Enterprise Investment Schemes 2013/14 Edition Contents What are Enterprise Investment Schemes? 3 How do Enterprise Investment Schemes work? 4 What tax reliefs are available for investors? 5
More informationEnterprise Investment Scheme. A Private Investing Guide
Enterprise Investment Scheme A Private Investing Guide Contents Introducing EIS 4 New Rules. New opportunities. 6 Knowledge Intensive Businesses 8 How EIS works 10 Investment risks 18 Managing risk 20
More informationENTERPRISE INVESTMENT SCHEME
ENTERPRISE INVESTMENT SCHEME THE DEEPBRIDGE GUIDE I N V E S T I N G F O R T H E F U T U R E IMPORTANT INFORMATION This guide provides general information about Enterprise Investment Scheme (EIS) investments
More informationINTERNATIONAL BANDWIDTH SEIS 3 INFORMATION MEMORANDUM 2015/16
INTERNATIONAL BANDWIDTH SEIS 3 INFORMATION MEMORANDUM 2015/16 [This page intentionally left blank ] INFORMATION MEMORANDUM CONTENTS IMPORTANT INFORMATION 5 PARTIES 6 PART 1: SUMMARY 7 PART 2: INVESTMENT
More informationThe lowdown on EIS. Blick Rothenberg partner Nimesh Shah explains how companies and investors can benefit from the Enterprise Investment Scheme.
The lowdown on EIS Blick Rothenberg partner Nimesh Shah explains how companies and investors can benefit from the Enterprise Investment Scheme. The Enterprise Investment Scheme ( EIS ), and now the Seed
More informationEIS PORTFOLIO SERVICE. Build a portfolio of tax efficient private company investments
EIS PORTFOLIO SERVICE Build a portfolio of tax efficient private company investments Intelligent Private Company Investing Visit rockpool.uk.com Call 020 7015 2150 Email team@rockpool.uk.com Please read
More informationAmplify EXECUTIVE SUMMARY MUSIC SEIS 4 KEY DETAILS KEY HIGHLIGHTS AMPLIFY MUSIC SEIS 4 EXECUTIVE SUMMARY
Amplify EXECUTIVE SUMMARY AMPLIFY MUSIC SEIS 4 EXECUTIVE SUMMARY MUSIC SEIS 4 An opportunity to invest in a portfolio of ten pre-identified start-up music companies, each of which will be managed by a
More informationIMPORTANT INFORMATION 1 WELCOME TO INGENIOUS 2 MANAGING YOUR INVESTMENT 6 THE INVESTMENT PROCESS 7 CHARGES 9 THE FINE PRINT 10 RISK FACTORS 12
BROCHURE abc ESTATE PLANNING - IEP CLASSIC BROCHURE CONTENTS IMPORTANT INFORMATION 1 WELCOME TO INGENIOUS 2 INTRODUCTION 4 MANAGING YOUR INVESTMENT 6 THE INVESTMENT PROCESS 7 CHARGES 9 THE FINE PRINT
More informationSEED ADVANTAGE EIS FUND INVESTING IN START-UP AND EARLY STAGE COMPANIES
SEED ADVANTAGE EIS FUND INVESTING IN START-UP AND EARLY STAGE COMPANIES CAPITALISE ON THE UK ECONOMIC RECOVERY With bank lending still restricted, in the view of many now is the time to invest in start-up
More informationSpecialist Tax Portfolio Service
Specialist Tax Portfolio Service Investment strategies for tax planning This document should be read in conjunction with a qualified professional adviser. Specialist Tax Portfolio Service Investment strategies
More informationPORTILLION CAPITAL SHARIAH COMPLIANT SEIS FUND
PORTILLION CAPITAL SHARIAH COMPLIANT SEIS FUND PLEASE NOTE THAT AN INVESTMENT IN THE PORTILLION CAPITAL SHARIAH COMPLIANT SEIS FUND CAN ONLY BE MADE AFTER AN INVESTOR HAS RECEIVED THE FULL INFORMATION
More informationTIME:CTC. Corporate Trading Companies. Information Memorandum
Corporate Trading Companies Information Memorandum Corporate Trading Companies This document is for Authorised Financial Advisers only and for existing Shareholders for information only. Issued in the
More informationA guide to Enterprise Investment Schemes
March 2013 Contents: 1. What are Enterprise Investment Schemes? page 02 more 2. How do Enterprise Investment Schemes work? page 03 more 3. What are the tax reliefs available for investors? page 04 more
More informationsimple Multi-Manager EIS and SEIS Platform Application Form
Multi-Manager EIS and SEIS Platform Application Form simple From filling out this application form, to designing an EIS portfolio, we make everything simplicity itself 1 From filling out this application
More informationThompson Taraz. Enterprise Investment Scheme (EIS) Consultancy. Management and administration. Tax and compliance
Thompson Taraz Enterprise Investment Scheme (EIS) Consultancy Management and administration Tax and compliance EIS Consultancy We have access to a wide range of experienced, multi-disciplinary consultants
More informationTIME:EIS. Targeting asset backed investments
Targeting asset backed investments Contents Welcome to TIME 3 The Enterprise Investment Scheme 4 Introducing TIME:EIS 5 Our EIS Team 6 Risks 7 About TIME Investments 8 Fees 9 Time for action 10 Important
More informationA I M P O RT FO LI O S
AIM PORTFOLIOS 2 CONTENTS PAGE WELCOME TO BLACKFINCH 5 WHAT IS THE ALTERNATIVE INVESTMENT MARKET? 6 HOW CAN WE HELP? 7 WHAT ARE THE BENEFITS? 8 WHAT ARE THE RISKS? 9 WORKING FOR YOU 10 CHELVERTON ASSET
More informationS T E L L A R S T E L L A R S T E L L A R S T E L L A R
S T E L L A R TA X P L A N N I N G wind energy EIS fund Typical investors are those with income taxable at the highest rate, those looking to shelter capital gains and for some elderly investors with a
More informationAIM portfolio service. Inheritance tax planning through a bespoke portfolio invested in AIM shares
AIM portfolio service Inheritance tax planning through a bespoke portfolio invested in AIM shares Introducing our AIM portfolio service Smith & Williamson s AIM portfolio service is designed to provide
More informationEnterprise Investment Scheme & Seed Enterprise Investment Scheme. Application Form: Retail Clients
Enterprise Investment Scheme & Seed Enterprise Investment Scheme Application Form: Retail Clients *Please 4 tick which Deepbridge EIS/SEIS proposition this application form is for: PLEASE NOTE: This form
More informationEnterprise Investment Scheme & Seed Enterprise Investment Scheme. Application Form
Enterprise Investment Scheme & Seed Enterprise Investment Scheme Application Form *Please 4 tick which Deepbridge EIS/SEIS proposition this application form is for: Please note: This form should only be
More information)EIS (S INVESTMENT SCHEMES
(S)EIS INVESTMENT SCHEMES Part One - Income Tax Relief We are often asked to explain the EIS tax reliefs. They are definitely generous and can make any investment more attractive, or at least, help to
More informationInheritance Tax Portfolio Service
Inheritance Tax Portfolio Service CONTENTS How AIM shares can reduce IHT 5 Business Property Relief and other taxes 6 Example of IHT savings 7 Portfolio construction and strategy 8 Investment criteria
More informationSpecial Briefing. Tax-Efficient Investing for High Earners
Special Briefing Tax-Efficient Investing for High Earners Introduction High earners and wealthy individuals are finding it increasingly difficult to shelter their income and capital from the taxman. This
More informationPREMIUM INHERITANCE SERVICE. Inheritance tax mitigation with real returns
PREMIUM INHERITANCE SERVICE Inheritance tax mitigation with real returns Intelligent Private Company Investing ABOUT ROCKPOOL Thorough Our team of private company experts search for well-positioned businesses,
More informationTax-efficient investments for business owners. An Octopus guide for professional advisers
Tax-efficient investments for business owners An Octopus guide for professional advisers Important information For professional advisers only and not to be relied upon by retail investors. The value of
More informationDowning FOUR VCT plc Healthcare Share Class
Important Notice: this document is intended for investment professionals only and should not be communicated to, or relied upon by, private investors. It does not form part of an offer or invitation to
More informationnew business seize the potential H&M GROUP CAPITAL MARKETS DAY 2018
new business seize the potential H&M GROUP CAPITAL MARKETS DAY 2018 Disclaimer THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES. IT IS SOLELY FOR USE AT A CAPITAL
More informationOld Burlington Investments AIM Growth Fund. Trusted Alternatives
Old Burlington Investments AIM Growth Fund Trusted Alternatives January 2013 Why Old Burlington Investments? Old Burlington Investments is a new alternative investment boutique Led by Brett Williams, former
More informationPrime Time EIS. February
Prime Time EIS February 1 2013 Overview Attractive opportunity to invest in a portfolio of companies (Investee Companies) engaged in the creation and exploitation of global entertainment content for film,
More informationFOR IMMEDIATE RELEASE
PRESS RELEASE Comcast Corporation One Comcast Center Philadelphia, PA 19103 www.comcastcorporation.com COMCAST CORPORATION ANNOUNCES A FIRM SUPERIOR CASH OFFER FOR SKY PLC Intends to Make Commitments Regarding
More informationTHE INNOVATIVE FINANCE ISA FROM ROCKPOOL
THE INNOVATIVE FINANCE ISA FROM ROCKPOOL Lend to private companies with tax-free returns Private Company Investment Specialists Private companies are a unique asset class correlated not to the market but
More informationDowning Ventures EIS. Terms & Conditions
Downing Ventures EIS Terms & Conditions Important notice If you are in any doubt about the content of this terms and conditions document (the Terms ) and/or any action that you should take, you are strongly
More informationRANGER DIRECT LENDING FUND PLC
THIS PROSPECTUS IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to what action you should take you are recommended to seek your own financial advice immediately from your
More informationIntroduction. Types of income
Income tax basics Introduction Income tax is a tax on income. If something is not income, it cannot be charged to income tax, although it may be liable to some other tax. It is possible that it could be
More informationTax-efficient investing
A guide to Venture Capital Trusts Tax-efficient investing Introducing EQ EQ is an award-winning boutique wealth manager with over 60 staff, based in the City of London. We act for private clients, small
More informationAn introduction to EISs and SEISs - Part 1
An introduction to EISs and SEISs - Part 1 An introduction to EISs and SEISs - Part 1 Introduction This note is the first part of a two-part series on the Enterprise Investment Scheme (EIS) and Seed Enterprise
More informationKNOW MORE ABOUT: TAX EFFICIENT INVESTMENTS - SITR - SOCIAL - EIS - ENTERPRISE INVESTMENT SCHEME - SEIS - SEED ENTERPRISE INVESTMENT TAX RELIEF
KNOW MORE ABOUT: TAX EFFICIENT INVESTMENTS - EIS - ENTERPRISE INVESTMENT SCHEME - SEIS - SEED ENTERPRISE INVESTMENT SCHEME - SITR - SOCIAL INVESTMENT TAX RELIEF PUTTING INVESTORS INTERESTS FIRST SINCE
More informationSUPPLEMENT FOR MW EUREKA FUND A SUB-FUND OF
This Supplement is issued by Marshall Wace Funds plc (the "Company") and is solely for use in connection with a proposed subscription for Shares in MW Eureka Fund (the "Fund"), a sub-fund of the Company.
More informationTHRIVE CORPORATE MANAGEMENT SERVICE
THRIVE CORPORATE MANAGEMENT SERVICE CONTENTS WELCOME TO BLACKFINCH 3 BLACKFINCH CORPORATE MANAGEMENT SERVICE 4 HOW IT WORKS 5 TRADING STRATEGY 6 LENDING 7 STARTING YOUR LENDING BUSINESS 9 TYPICAL DEALS
More informationThe Deepbridge Renewable Energy Enterprise Investment Scheme. Information Memorandum
The Deepbridge Renewable Energy Enterprise Investment Scheme Information Memorandum Important notice IF YOU ARE IN ANY DOUBT ABOUT THE ACTION YOU SHOULD TAKE IN REGARD TO THIS DOCUMENT AND ITS CONTENTS
More informationThe Seed Enterprise Investment Scheme
The Seed Enterprise Investment Scheme Helping fledgling companies raise equity finance Background The Seed Enterprise Investment Scheme (SEIS) is designed to help fledgling companies to raise equity finance
More informationBenchmarking the BBC s overhead rate. July 2018
Benchmarking the BBC s overhead rate July 2018 Disclaimer This report has been prepared by Ernst & Young LLP, a limited liability partnership registered in England and Wales with registered number OC300001,
More informationAn introduction to EISs and SEISs - Part 2
An introduction to EISs and SEISs - Part 2 An introduction to EISs and SEISs - Part 2 Introduction Part I of our two-part series on the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment
More informationEIS Portfolio Service INFORMATION MEMORANDUM
EIS Portfolio Service INFORMATION MEMORANDUM FOR UK INVESTORS ONLY bamboocapital.co.uk October 2016 BAMBOO EIS PORTFOLIO SERVICE bamboocapital.co.uk October 2016 FOR UK INVESTORS ONLY Bamboo EIS Portfolio
More informationThompson Taraz. Enterprise Investment Scheme (EIS) Consultancy. Management and administration. Tax and compliance
Thompson Taraz Enterprise Investment Scheme (EIS) Consultancy Management and administration Tax and compliance EIS Consultancy We have access to a wide range of experienced, multi-disciplinary consultants
More informationBUSINESS PROPERTY RELIEF AND INHERITANCE TAX THE BASICS
BUSINESS PROPERTY RELIEF AND INHERITANCE TAX THE BASICS IMPORTANT NOTICE Winner: EIS Fund Manager of the year in 2014 Winner: EIS Fund Manager of the Year in 2013 Winner: EIS Fund Manager of the Year in
More informationFOR IMMEDIATE RELEASE
PRESS RELEASE Comcast Corporation One Comcast Center Philadelphia, PA 19103 www.comcastcorporation.com COMCAST CORPORATION PREVAILS WITH HIGHEST OFFER PRICE IN AUCTION FOR SKY PLC LONDON and PHILADELPHIA,
More informationreit real estate income trust
reit real estate income trust THIS IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY SHARES OF THE OAKTREE REIT. AN OFFERING IS ONLY MADE BY PROSPECTUS, WHICH DESCRIBES MORE FULLY ALL OF
More information2018 Interim Results September 2018
2018 Interim Results September 2018 This document accompanies the Interim Report & Accounts for the six months ended 30 June 2018 and contains a summary of information set out in that document. Reference
More informationA RETURN WITHOUT VOLATILITY? Guy Myles Octopus Investments
A RETURN WITHOUT VOLATILITY? Guy Myles Octopus Investments Important Information. Please note that past performance is no guide to future performance. The value of an investment may go down as well as
More informationSilver Lining Screen Fund: Application Form
Silver Lining Screen Fund: Application Form Instructions These Application Forms are in respect of the Silver Lining Screen Fund and you must have read and understood the Information Memorandum and ensure
More informationCalculus Capital. The Benefits of EIS Investing: Case Studies
Calculus Capital The Benefits of EIS Investing: Case Studies info@calculuscapital.com www.calculuscapital.com 020 7518 8058 Important Notes:! The following examples are for illustrative purposes only and
More informationTIME:Advance. An innovative approach to Inheritance Tax
TIME:Advance An innovative approach to Inheritance Tax TIME:Advance Inheritance Tax Solution Contents Welcome to TIME 3 A taxing problem 4 The simple solution 5 About TIME Investments 6 Key benefits 7
More informationWEST MIDLANDS PRODUCTION FUND GUIDELINES
WEST MIDLANDS PRODUCTION FUND GUIDELINES These guidelines are for prospective applicants to Creative England s West Midlands Production Fund (WMPF). They should be read in conjunction with any accompanying
More informationYear-end tax planning checklist. TWP: Chartered Accountants & Tax Advisers
Year-end tax planning checklist TWP: Chartered Accountants & Tax Advisers With the current tax year having begun on 6 April 2017, the clock is ticking and it is important to utilise all the tax reliefs
More informationThe Alternative Investment Platform Investment Guide for EIS/ SEIS/BPR
The Alternative Investment Platform Investment Guide for EIS/ SEIS/BPR be From the beginning to the end of the process, we offer investors and professional advisors complete financial transparency. For
More informationKNOW MORE ABOUT: TAX EFFICIENT INVESTMENTS CLIENTS INTERESTS UNDERPIN ALL THAT WE DO - SITR - SOCIAL
As of 1 st December 2017 CLIENTS INTERESTS UNDERPIN ALL THAT WE DO KNOW MORE ABOUT: TAX EFFICIENT INVESTMENTS - EIS - ENTERPRISE INVESTMENT SCHEME - SEIS - SEED ENTERPRISE INVESTMENT SCHEME - SITR - SOCIAL
More informationYear-end tax planning checklist. TWP: Chartered Accountants & Tax Advisers
Year-end tax planning checklist TWP: Chartered Accountants & Tax Advisers With the current tax year ending on 5 April 2017, it is important to utilise all the tax reliefs and allowances available before
More informationTIME:Advance. An innovative approach to inheritance tax
TIME:Advance An innovative approach to inheritance tax TIME:Advance Inheritance Tax Solution Contents Welcome to TIME 3 A taxing problem 4 The simple solution 5 About TIME Investments 6 Key benefits 7
More informationInheritance Tax Portfolio service
FOCUSING ON Inheritance Tax Portfolio service This document is intended for professional financial advisers and is not suitable for retail investors. FOCUSING ON INHERITANCE TAX PORTFOLIOS Why choose Charles
More informationContents. Edge Performance VCT Public Limited Company Registered number
HALF-YEARLY FINANCIAL REPORT for the six months ended 31 August 2018 Contents Financial Highlights 1 Chairman s Statement 3 Investment Manager s Review 5 Investment Portfolio Summary 12 Responsibility
More informationBUSINESS PROTECTION LEGAL & GENERAL S BUSINESS PROPERTY WILL TRUST SOLUTION.
BUSINESS PROTECTION LEGAL & GENERAL S BUSINESS PROPERTY WILL TRUST SOLUTION. 2 BUSINESS PROTECTION CONTENTS INHERITANCE TAX PLANNING WITH BUSINESS PROPERTY WITHOUT WILL TRUST PLANNING WITH WILL TRUST PLANNING
More informationAF4 Investment Products Part 2: EIS, SEIS, VCT
AF4 Investment Products Part 2: EIS, SEIS, VCT The milestones for this part are to understand: Why the government offers tax reliefs for these schemes. The main tax reliefs for investors in them. The qualifications
More informationSaban Capital Acquisition Corp. Enters into a Merger Agreement with Panavision and Sim
Saban Capital Acquisition Corp. Enters into a Merger Agreement with Panavision and Sim Combined Company Expected to Be Listed on the Nasdaq Stock Market Joint Investor Conference Call Scheduled for September
More informationLondon Capital & Finance Plc. LCF. 8.0% Income Bonds. Series 10
LCF London Capital & Finance Plc. 8.0% Income Bonds Series 10 LCF London Capital & Finance Plc. Head Office London Capital & Finance Plc The Old Coach House Eridge Park, Eridge Green Tunbridge Wells Kent
More informationTriple Point. Investing for future generations NAVIGATOR STRATEGY STRATEGY GUIDE
Triple Point NAVIGATOR STRATEGY Investing for future generations STRATEGY GUIDE Introducing THE TRIPLE POINT NAVIGATOR STRATEGY Triple Point s Navigator Strategy targets capital growth through funding
More informationInvestment Funds at a glance
Investment s at a glance ACDC 6.66% p.a. as the hurdle rate of the 3 5 year Atlantic Screen & ASML are targeting an IRR of 15% (excluding tax relief) for shareholders. The Manager will likely look for
More informationUPDATE ON COMCAST S SUPERIOR CASH OFFER FOR SKY
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION FOR IMMEDIATE
More informationBrightHouse Group plc ( BrightHouse or the Company ): Exchange Offer and Consent Solicitation
5 Hercules Way Leavesden Park Watford Hertfordshire WD25 7GS Tel 01923 488200 19 December 2017 BrightHouse Group plc ( BrightHouse or the Company ): Exchange Offer and Consent Solicitation This Announcement
More informationGreat British Investment Roadshow
Great British Investment Roadshow The Benefits of EIS November 2016 www.parequity.com Important Notice Par Fund Management Limited ( PFML ) is authorised and regulated by the Financial Conduct Authority.
More informationThere are a number of provisions within the UK tax code which provide certain tax reliefs for taxpayers who invest in certain companies.
Briefing note February 2015 ENTERPRISE INVESTMENT SCHEMES Introduction There are a number of provisions within the UK tax code which provide certain tax reliefs for taxpayers who invest in certain companies.
More informationA G U I D E T O A I M U K T A X B E N E F I T S n o n - u k c o m p a n i e s
A G U I D E T O A I M U K T A X B E N E F I T S n o n - u k c o m p a n i e s AIM is the London Stock Exchange s international market for young and growing companies. AIM provides an ideal environment
More informationSubtitle (Arial regular 20 point)
Title Media (Arial & Entertainment bold 30 point) Industry second Key Accounting line Matters title Subtitle (Arial regular 20 point) 19 December 2015 XX Month 200X (Arial regular 16 point) Agenda The
More informationLondon Capital & Finance Plc. LCF. 1-year 3.9% Income Bonds. (Non-Transferable Securities) Series 3
1-year 3.9% Income Bonds (Non-Transferable Securities) Series 3 Head Office & Finance Plc The Old Coach House Eridge Park, Eridge Green Tunbridge Wells Kent TN3 9JS Helpline Hours 10am until 4pm info ?
More informationThe Chartered Tax Adviser Examination
The Chartered Tax Adviser Examination November 2016 Suggested solutions Application and Interaction QUESTION 3 - TAXATION OF OWNER MANAGED BUSINESSES REPORT ADDRESSING ISSUES RAISED AND ARISING FROM THE
More informationWEST MIDLANDS PRODUCTION FUND GUIDELINES
WEST MIDLANDS PRODUCTION FUND GUIDELINES These guidelines are for prospective applicants to Creative England s West Midlands Production Fund (WMPF). About Creative England Creative England invests in and
More informationSeismic Foundry SEIS Fund 2017/8. Information Memorandum
Seismic Foundry SEIS Fund 2017/8 Information Memorandum Issue Date: 21 November 2017 Risk Warning Seismic Foundry Ltd and the five co-founders have been approved as Appointed Representatives by SFC Capital
More informationInvestor Brochure TOP-UP OFFER. Maven Income and Growth VCT 3 PLC Maven Income and Growth VCT 4 PLC. Offers for Subscription to raise up to 30 million
Investor Brochure TOP-UP OFFER Maven Income and Growth VCT 3 PLC Maven Income and Growth VCT 4 PLC Offers for Subscription to raise up to 30 million CB Technology is an electronics manufacturer with a
More informationP2P GLOBAL INVESTMENTS PLC
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to what action you should take you are recommended to seek your own financial advice immediately from an independent
More informationSAVING STREAM BOND 3 YEAR SAVINGSTREAM.CO.UK
SAVING STREAM BOND 3 YEAR This invitation is a financial promotion for the purposes of Section 21 of the Financial Services and Markets Act 2000 and is issued by Saving Stream Bond Limited, (the Company
More informationBUILD WEALTH WITH PRIVATE COMPANIES
BUILD WEALTH WITH PRIVATE COMPANIES Private Company Investment Specialists Private companies are a unique asset class correlated not to the market but to entrepreneurial drive. This is an arena where you
More information7% December 2021 Bonds. Investment Bond
L O N D O N 7% December 2021 Bonds Investment Bond This document is a summary of the full Information Memorandum and Supplementary Information Memorandum. It should not be relied upon in isolation. You
More informationGuide to Enterprise Investment Scheme (EIS)
1 Guide to Enterprise Investment Scheme (EIS) Summary of EIS benefits EIS is broadly comprised of four core reliefs. On the basis that an investment and the investor satisfies certain conditions, then
More information