Daily Archives: May 8, 2018

office workers reviewing graphs

Equity Investment Opportunities UK: The Lowdown

office workers reviewing graphsWhat are the options for equity investment in the UK? Two government-backed venture capital schemes are the Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS). Both of them enable investors to buy equity in small and medium-sized companies and social enterprises.

Introduction agents, such as Amyma in London, list these schemes as investment opportunities UK that can offer high yields, albeit with a high risk also, due to the companies being small and, in some cases, untested.

What is the Enterprise Investment Scheme?

The EIS enables companies with less than £15 million in assets to raise up to £5 million a year in investment, capped at £12 million over the course of the company’s lifetime. This includes amounts raised through other venture capital schemes, not just the EIS. Investment also has to come early on in the company’s journey – within seven years of their first commercial sale. The rules are different for knowledge-based companies.

The bonus for investors is that they get tax relief on their investment. There are various rules to follow to qualify for the tax relief and they must be adhered to for three years following the investment.

Companies who can use this scheme must meet the following criteria:

  • Be UK-based
  • Not trading on a recognised stock exchange
  • Not in control of another company
  • Not controlled by another company
  • Not have gross assets of more than £15 million
  • Have fewer than 250 employees
  • Carry out a qualifying trade –see the full list on the HMRC website.

Investment opportunities UK: Seed Enterprise Investment Scheme

This is similar to the EIS, in that it offers tax relief to investors and is for UK-based companies within the qualifying trades. Funders receive 50% tax relief on their investment.

This is designed to give new and very small companies a kick start.

Other criteria are:

  • Investors can buy up to £100,000 of equity a year, which can be in more than one company and must not represent more than a 30% stake in any one company;
  • Companies can only raise £150,000 through the SEIS;

The company must have less than 25 employees and be less than two years old, with assets of less than £200,000.

Home for rent with couple standing behind

Be Able to Afford Your Dream Home — Here Are 4 Ways to Save Money on Rent

Home for rent with couple standing behindAcquiring their own house is almost everyone’s ultimate goal. That’s why most people are trying to save a portion of their salaries to apply for a mortgage loan in places such as Ogden. But what if you’re still renting?

Although it’s always better to have a home of your own, paying the rent while saving for a down payment is a struggle. But how can you do that if you’re only living paycheck to paycheck? Here are some tips on how you can save money on your rent.

Try to negotiate

Before signing the deal or renewing your lease, try to talk to your lender and negotiate your rent. Most often than not, your landlord might be willing to reduce a portion of your monthly rent in exchange for a much longer lease.

Doing so can significantly save you costs on your rent. If your landlord doesn’t seem open to the idea, try to request if you can include other utilities instead.

Look for roommates

One of the best ways to lessen the cost of renting is by getting a roommate, two if possible. Having two or more people to split the bill and the rent can cut your expenses, primarily if your apartment is located in crowded cities.

Ask for referral discounts

Ask your landlord if they can somehow give you a cut on your rent if you help them find new tenants for their apartment. Both you and your landlord can benefit from this.

Watch your utility usage

Utilities can sometimes come up as a surprise and can drain your paycheck. You need to learn how to conserve energy. Switch off the lights when leaving the room or turn the faucet off when you’re brushing your teeth. You could also invest in energy-saving lighting to save.

These are just some tips that you can do to save money for your dream house. Keep in mind that purchasing a house can be expensive, so you have to save every penny that you have to get your dream home finally.