Items for March 2012

Buoyant EIS markets sees strong inflows for Calculus Capital

Published on March 19th, 2012

Calculus Capital, the 2011 EIS Association (EISA) fund provider of the year, has reported substantially higher subscriptions in its EIS Fund 12 in January and February – usually two of its quieter months – relative to March. Calculus believes the increase in income tax relief available via EIS funds, which rose from 20% to 30% in 2011, is one of the reasons for the strong growth. There may also be a suggestion that the government’s decision to lower the cap on the amount that can be saved annually tax-free into a pension, from £255,000 to £50,000, has caused investors to seek alternative tax-efficient savings and investments, such as EIS. Read on for more information….

Tags: Calculus Capital, EIS Fund, EIS investors, pensions