We wanted to highlight an opportunity to invest in Secret Projects Community Benefit Society (SPCBS) for tax relief purposes. For those purchasing £1000 or more of Community Shares in SPCBS, EIS tax relief for eligible UK tax payers is available. Currently, the tax relief is 30%, which allows eligible tax payers to claim £300 back from HMRC on every £1000 invested. Those who have already purchased Shares and are perhaps thinking about purchasing more, again, if your investment is £1000 or more and you are a UK tax payer, you can also take advantage of EIS tax relief.
Community Shares in SPCBS are £10 each and with a minimum share investment of just 5 shares per person, investment starts from just £50.
To learn more about purchasing Community Shares and other information about investing in SPCBS please click here.