In order to qualify for EIS tax relief as a qualifying investor the individual must meet some eligibility criteria (see E3.106), one of the which is that the investor must be unconnected to the issuing company.
An individual is connected with the issuing company if, at any time in period A (see E3.104), the individual or an associate of the individual is connected with1:
- Ìý
•ÌýÌýÌýÌý partners, employees or paid directors of the issuing company or its subsidiary (see E3.109)2, or
- Ìý
•ÌýÌýÌýÌý persons with an interest in the company such that the individual can directly or indirectly control 30% of the share or voting rights (see E3.111A)3, or
- Ìý
•
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Web page updated on 17 Mar 2025 14:06