The Company is seeking to raise up to £2,000,000 to fund the production of the film and the expenses of the offer through the Government’s Enterprise investment scheme.

Please click here to request a brochure for Carnaby International Films Plc

The Enterprise Investment Scheme (EIS) was introduced in 1994 to encourage individuals to invest in small higher-risk trading companies as a means to help alleviate the problems faced by such companies in raising equity finance. The scheme provides income tax relief for new equity investment for qualifying investors in qualifying unquoted companies, and capital gains tax exemption on disposal of shares.

There are significant tax advantages to be obtained for individuals making EIS Investments, including unlimited Capital Gains tax deferral. The below table shows an example of how you may be able to benefit.

*Only applicable if a Capital Gain exists up to the limit of investment in the tax year and calculated on the assumption that a rate of 40% is payable on the chargeable gain.

Some additional information on EIS can be found on the main Carnaby site www.carnabyfilms.com.

Full details can be found in the Inland Revenue IR137 pamphlet on EIS, which can be found on the Inland Revenue website.