You can invest anything from £250 to £20,000 (£50,000 from 5th April) in shares in Halton Lune Hydro and there are some personal tax advantages in doing so. We’re not able to give you any personal financial advice, so you should contact your usual advisor for that. However we can point you in the direction of the information.
The Enterprise Investment Scheme (EIS) applies to investment in shares in a ‘Society for the Benefit of the Community’, which is what we are. According to Money Observer “The schemes offer investors significant benefits: investors who invest for a minimum period of three years benefit from 30 per cent tax relief as well as exemption from capital gains tax (CGT) and inheritance tax (IHT)” Read more here.
Halton Lune Hydro has to apply formally to be registered for EIS and we are currently in the process of doing this.