James Cowper nominated for best EIS Tax Advisor
Thames Valley accountants and business advisers James Cowper LLP has been recognised for its expertise providing complex tax relief advice to companies and investors by the Enterprise Investment Scheme Association (EISA) Awards programme.
James Cowper was one of four firms to be recognised and praised at a special awards ceremony at the House of Commons on 28th January 2009.
The EIS Association Awards have become a highly competitive challenge for members and denote excellence in a number of EIS fields. The Awards recognise companies, firms, advisers and individuals which, in the opinion of the members, have achieved outstanding performance in the context of the Enterprise Investment Scheme during the year.
Chris Lee Head of Business Tax at James Cowper said: “As a regional firm it was very gratifying to be considered on a par with our fellow nominees, who included the UK’s largest accountancy practices. The nomination recognises our expertise in this area and illustrates that specialist skills are not just available through the large global firms.”
The Enterprise Investment Scheme is a government scheme that provides a range of tax reliefs for investors who subscribe for qualifying shares in qualifying companies - e.g. income tax relief on subscription, capital gains tax deferral relief and exemption, and income tax loss relief for failed investments. The rules governing the EIS are complex and interrelated with other legislation so it is nearly always essential to consult a professional who is experienced in this area. EISA says: “Many firms do not have this expertise and accordingly they may put you off investing, or seeking investment via the EIS route. If in any doubt, please do consult a professionally qualified adviser”.
Chris Lee, Partner, Tel: 0118 9590261 or clee@jamescowper.co.uk
05.02.2009