We helped the founders set up the company and secure Enterprise Investment Relief for their investors, generating 30% income tax relief on their investment.

As the business quickly grew, we introduced an Enterprise Management Incentive scheme, which is a highly tax efficient share option scheme for key employees to participate in the growth of the business.

With the benefit of R&D tax relief, the company obtained significant tax savings, generating cash repayments from HMRC to help fund the company’s continued growth.

After 4 years, the business was taken over by an international group and we helped the shareholders achieve a 10% capital gains tax rate on exit, 0% capital gains tax for the EIS investors and a tax deduction for the EMI options of over £1m.