Calculus Capital Celebrates EIS Exit for Investee Company Once Upon A Time

Calculus Capital the London based EIS and VCT Fund manager has reported a sale of their investment into the marketing agency Once Upon A Time (OUAT), Calculus has reported that their investors have received a return of 1.8x investment excluding the various tax reliefs available under the Enterprise Investment Scheme. Calculus reported: OUAT is a…

The Number of EIS Advance Assurance Approvals Drops

According to the latest figures released from HMRC, the number of Enterprise Investment Scheme (EIS) Advance Assurance Approvals has dropped. Growthdeck, the private investor platform and fund provider has recently reported the following: HMRC approved 62 per cent of the 3,270 funding requests from small and medium enterprises in the 2018/19 tax year, down from 75…