What income tax relief is there with EIS?

If an investor has paid enough income tax, 30% of their investment into an EIS fund can be reclaimed against their income tax bill.

When investing in EIS, if an investor has paid enough income tax, 30% of their investment can be reclaimed  against their income tax bill, either in the tax year the investment is made, or they can carry the relief back to the prior tax year. As long as the shares are held for a minimum of three years from the point of investment, and no qualifying conditions are breached, they will retain the income tax relief.