CGT FREEDOM (in detail)

There is no CGT payable on gains in respect of Investments made in an EIS Company (on which EIS Relief has been obtained and not withdrawn) where the Investments have been held for at least three years from the date of subscriptions or from the date of commencement of the EIS Company's trade if later.

Example

If income tax was obtained at 20% the total profit will be £40,000 calculated as £30,000 tax free gain plus (£50,000@ 20%).

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