Investments  

Could films present the next EIS solution?

This article is part of
Alternative Investing - November 2014

Films funded by EISs and SEISs: Goldfinch Pictures projects

Tiger Raid

A thriller about two Irish mercenaries attempting a kidnapping in Iraq. A contemporary film with a first-class team behind it.

Captain Cat

In the centenary year of Dylan Thomas’s birth, this is a new feature film adaption of the Welsh poet’s 1954 radio drama Under Milk Wood, starring Rhys Ifans, Charlotte Church and Ruth Jones.

The Rizen

The next in the series of horror-genre films on a micro-budget by proven directors.

Macbeth

… as you have never seen it before. An all computer-generated imagery version.

The Knife That Killed Me

An adaptation of Anthony McGowan’s best-selling novel.

Happily Ever After

Comedy-drama starring Academy Award-winner Marcia Gay Harden.

EIS benefits at a glance

• Thirty per cent income tax relief on a maximum investment of up to £1m per tax year (ability to carry back relief to prior tax year);

• Provided shares are held for at least three years, profits on sales are capital gains tax (CGT)-free (versus 28 per cent);

• Investors can also take advantage of CGT deferral relief by reinvesting in EIS companies;

• Capital loss relief up to 45 per cent of net investment after income tax relief of 30 per cent, representing total tax reliefs of 61.5 per cent of the original investment;

• Inheritance tax business property relief of 100 per cent of the value of investment may be applicable on death or gifting;

• EIS investors provide a boost to the economy. In the first 20 years since the launch of EIS, £8.6bn was raised for the benefit of 18,500 UK companies.*

*Source: HMRC