How do I check the progress of my investments?
A valuation statement will be sent to you annually, but you can call us at any time to speak to one of the Directors or a team member.
Can I withdraw money early from the Deal Partners Limited EIS?
As a result of the lack of marketability of the shares, it is unlikely that it will be possible to make a withdrawal from your investment until the three year qualifying period has been completed. Please note that you will have to repay any income tax relief received if any investments are disposed of before the end of the three-year qualifying period.
What is the minimum and maximum I can invest?
The minimum investment is £50,000. There is no maximum, although investments of more than £1,000,000 per person per tax year will have income tax relief capped at £500,000 for each tax year in which the relief is claimed. Neither Inheritance Tax relief nor Capital Gains Tax deferral is capped.
Who owns the investment in the EIS qualifying companies?
You are the beneficial owner of shares in Deal Partners Limited. You will have a direct investment in the shares of the Company. However, your shareholding is non-voting.
Can I own my investment jointly with my spouse?
Investments in Deal Partners Limited EIS cannot be jointly owned, but each spouse can make a separate investment, and each can receive income tax relief on the first £1,000,000.
How do I apply?
Please complete the High Net Worth Investor or Sophisticated Investor Statement, along with: a photocopy of your current passport, a utility bill that is not more than three months old, a Client Suitability form and a completed Application Form.
To whom do I make my cheque payable and where do I send it?
Your cheque should be made payable to ‘Deal Partners Limited’. This cheque, along with your Application form and Client Suitability form, should be sent to:
Deal Partners Limited
21 Woodthorpe Road
Middlesex TW15 2RP
Can I pay by via CHAPS/BACS?
Yes. Please transfer your investment to the following bank account, ensuring that you reference the payment with your name:
Sort code: 30-94-42
Account no: 58315360
Bank: Lloyds TSB
Branch: Staines Middlesex
IBAN: GB29 LOYD 3094 4258 3153 60
What should I expect after I invest?
We will acknowledge receipt of your application.
How do I claim my tax relief?
Once you have invested into Deal Partners Limited, we will apply to HMRC for permission to issue you with an EIS3 certificate. This certificate enables you to claim your income tax relief and Capital Gains Tax deferral from HMRC.