EIIS relief and property tax incentives
Employment and Investment Incentive Scheme (‘EIIS’) relief
Cash flow can be tight for most start-ups and many companies are struggling to move on to the next growth phase. EIIS funding may therefore assist in filling the financing gaps that companies are experiencing. The EIIS legislation is extremely complex and great care needs to be taken to ensure all the qualifying conditions are met.
Our services include:
Determining if a company is a “qualifying company” and carries on a “qualifying trade”.
Working with companies to seek certification from the appropriate Government agency.
Liaising with Revenue in relation to pre-approval requests and formal claims for EIIS relief.
Liaising with legal advisors to review appropriate legal documentation.
Ensuring the exit strategy for investors is clear and tax efficient.
Property tax incentives
Marie Bradley is joint author of the Institute of Taxation publication Capital Allowances and Property Incentives. She has worked on a number of tax-based property transactions. She is very familiar with the high earner restriction introduced in recent years. We also undertake reviews of taxpayers’ entitlement to property incentives and undertakes self-reviews to ensure that the provisions of the specified relief legislation are reflected correctly in personal tax returns.
Bradley Tax Consulting advises owners and investors who own or acquire commercial properties on how best to isolate the capital expenditure on plant and machinery to maximise the amount that qualifies for capital allowances.
As property prices are increasing, we are working with a number of developers to structure property transactions in a tax efficient manner. The most appropriate structure depends on whether the investor has a build to sell or build to hold strategy.