There is no CGT payable on gains in respect of Investments made through a Fund (on which EIS Relief has been obtained and not withdrawn) where the Investments have been held for at least three years from the date of subscriptions or from the date of commencement of the EIS Qualifying Company's trade if later.
Example:
| £ | |
|---|---|
| Realised value of Investment after 3 years | 80,000 |
| Less : Initial Investment | (50,000) |
| Tax-free Gain | 30,000 |
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