Future Capital Partners EIS, Elara has been formally reviewed by
Martin Churchill and he has awarded it a very robust score of 85
out of 100.
Please click here to read the review
in full.
Key highlights of Elara II
-
• An investment in EIS qualifying companies with no links to
feed-in tariffs
• Average annual rate of return of 14.64%; average gross
equivalent annual rate of return of 29.28%
• 30% income tax relief from April 2011, reducing net cost of
investment to 70p per £1 invested (if you elect to carry back this
will be at the prevailing rate of 20% for 2010/2011)
• CGT deferral for gains realised within three years prior to,
or up to 12 months after, the final investment made by the Fund; no
CGT is payable on gains realised on the disposal of the Fund's
investments.
• Qualifying for 100% relief from IHT liability for investments
in Investee Companies held for more than two years.
• Opportunity to partner with Blue Energy, a well established
developer with significant financial support, which has recently
completed the UK's largest solar farm
No requirement for refinancing at the end of the third year to
create liquidity