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The Enterprise
Investment Scheme


The Enterprise Investment Scheme (EIS) is a government initiative to encourage investment in unquoted small and medium-sized businesses. Individuals can invest up to £1 million per annum and investments must be held for a minimum of three years. The tax incentives are:

  • 30% income tax relief
  • Exemption from Capital Gains Tax (CGT) on disposal
  • CGT deferral available
  • Up to 100% inheritance tax relief after two years
  • Loss relief against income tax

Taken together, these tax incentives enable high rate taxpayers to risk no more than 38.5% of capital invested.

Oakfield Capital Partners does not provide tax advice and recommends you consult with a professional advisor if you are unsure of any aspects of the EIS legalisation.

Roy Merritt

Roy Merritt

Contact: roy@oakfieldcapital.co.uk


Roy has more than twenty years experience of investing in and managing growing businesses.

He has worked with leading firms including Apax, where he started his private equity career, Providence Equity, Amadeus Capital Partners, and was co-head of Deutsche Bank Capital's growth private equity business with Michael.

Roy also has operational experience, acting as CFO of Esprit Telecom PLC between 1994 and 1998 where he was instrumental in its growth from $5 million to $250 million of revenue and a successful exit to GTS.

He was non-Executive Chairman of Axon Group PLC, a FTSE-250 listed business transformation consultancy firm until its sale to HCL Group for £440 million in 2008. He began his career at McKinsey & Company.

In 2008, Roy co-founded Oakfield Capital with Michael.

Roy holds an MBA with Distinction from INSEAD, and received his first degree in Chemical Engineering from Cambridge University.

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