Bringing you live news and features since 2006 


Oxford Capital offers tax relief solution for current tax year


Investment manager Oxford Capital says investors have the opportunity to claim income tax relief for the 2009/10 tax year by investing in its new Approved EIS Fund.

The Oxford Gateway Approved EIS Fund 2009/10 allows investors to benefit from 20 per cent income tax relief on up to GBP500,000 of capital invested in the current tax year. 

The fund will only be available for a limited period until 1 April 2010.
The fund also offers additional tax breaks: tax free gains on up to GBP500,000 invested per tax year; 100 per cent inheritance tax exemption after two years on unlimited amounts; and the potential to save 22 per cent capital gains tax on gains taxed at 40 per cent 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. 
Ted Mott, chief executive of 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.”
The fund is designed for private investors with a minimum investment of GBP25,000, up to a maximum of GBP2m. The fund has an initial fee of five per cent and an annual management fee of 2.5 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.

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by