Oxford Capital offers tax relief solution for current tax year 2009/10

Our new Approved EIS Fund provides income tax relief but investors must move fast as the fund will close to new investments on 1st April 2010.


28 January 2010, Oxford, UK

Investors have the opportunity to claim income tax relief for the 2009/10 tax year by investing in Oxford Capital’s new Approved EIS Fund, whilst also benefitting from the ‘super-growth’ potential of entrepreneurial companies in the healthcare, sustainability and communications sectors.

The Oxford Gateway Approved EIS Fund 2009/10, which is launched today, allows investors to benefit from 20 per cent income tax relief on up to £500,000 of capital invested in the current tax year.  The fund will only be available for a limited period until 1st April 2010.

The fund also offers additional generous tax breaks, which are increasingly valuable in the face of rising tax bills:

  • Tax free gains - on up to £500,000 invested per tax year
  • 100 per cent Inheritance Tax exemption after two years - on unlimited amounts
  • The potential to save 22 per cent Capital Gains Tax on gains taxed at 40% in the 2006-07 and 2007-08 tax years

The fund will invest in a portfolio of entrepreneurial young businesses emerging from the UK’s science parks and university departments.  Oxford Capital has a ten year track record of picking winners with previous investments including: Arieso, a leader in network optimization solutions for wireless networks, Helveta, the world’s leading system for tracking sustainably harvested timber, and Oxitec, one of the world’s foremost insect pest management businesses endorsed by both the Gates Foundation and the Wellcome Trust.

Ted Mott, chief executive Oxford Capital says:
“Our new Approved EIS Fund gives people a tremendous means to shelter some of their capital from one of the worst tax squeezes many people can remember.  Investors in our new fund gain income tax relief at 20 per cent in the current tax year and they can back some of the most promising emerging technology companies in the UK today.”

“Tax rules say that our Approved EIS Fund can only be available until the end of the tax year, so anyone seeking to maximize their tax reliefs in the 2009/10 tax year and benefit for the potential for ‘super-growth’ returns is encouraged to contact us or their financial adviser before the end of the tax year.”

The Oxford Gateway Approved EIS Fund 2009/10 is designed for private investors with a minimum investment of £25,000, up to a maximum of £2 million.  The EIS fund structure was pioneered by Oxford Capital and has the benefit of a fully discretionary portfolio service approach.  The fund has an initial fee of five per cent and an annual management fee of two and a half per cent.  There is a performance fee of 20 per cent of the fund’s net return after 100 per cent return of investors’ capital.

For information about the Fund and Applicaiton Forms, please click here.