Hello, I am a sole trader and I am doing some consulting for a company who are about to do an EIS fund raise.
Am I eligable for EIS given I am not an employe? However my company does invoice them for my work.
Thank you
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The point Wilson raises is that in one part of your question you state that you are a sole trader but in another part of your question you say that you have a company. EIS eligibility
Am I eligible for EISHello, I am a sole trader and I am doing some consulting for a company who are about to do an EIS fund raise.
Am I eligable for EIS given I am not an employe? However my company does invoice them for my work.
Thank you
You have now further confused the issue by introducing the possibility of partnerships!!! :-
Thank you. I invoice the company for my services so I’m not an employee, so the question is what do they define as “partner” ?
As others have suggested, surely your accountant - who should be far more familiar with your exact circumstances than anyone here - should be able to advise you.
From what you have said, you are not connected with the company, and provided that you charge the company market rate for your services this should not present a problem. But, for the avoidance of doubt, you would be foolish to go down the EIS investment route without seeking professional advice tailored to your circumstances and with that I disclaim any responsibility should my 'advice' prove to be incorrect.