Do I qualify for EIS?

Most UK-based private investors can claim EIS tax relief. However, individuals connected to the company CAN NOT claim EIS tax relief. 'Connected' parties include:

• Employees or directors of the company
• Investors who (together with their 'associates') hold more than 30% of the company's share capital
• Relatives of connected persons, though not siblings
• Business partners of connected persons
• Existing shareholders whose shares are not SEIS or EIS qualifying, or subscriber shares