Calculus launches next EIS offering with tech and healthcare focus

Fund aims to return £2 tax free for every £1 that is invested

Hope Coumbe
clock • 1 min read

A new knowledge intensive enterprise investment scheme (EIS) fund focused on investing in UK technology and healthcare companies has been launched by Calculus.

The provider announced the start of the fund today (18 January) and confirmed it will offer investors a portfolio of at least six companies. The fund - which has a minimum investment of £25,000 - follows Calculus' first EIS offering which closed in April 2023. Chief executive and co-founder John Glencross said the new fund offers more straightforward tax planning to investors. "It also provides the conscientious investor with a chance to support a new wave of UK companies while enhancing their own wealth," he added. Investors can claim income tax relief at up to 30% with the fun...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Keeping pace with technology: What next for robo-advice?

Keeping pace with technology: What next for robo-advice?

'Robo-advice as a term probably won't survive'

Dilan Oylum
clock 07 January 2025 • 4 min read
Used well, generative AI can benefit the advice relationship

Used well, generative AI can benefit the advice relationship

'Don't be shy about telling clients how they're benefitting from your use of AI'

Ben Lester
clock 06 January 2025 • 4 min read
Consolidate or complement? Five things to consider when evaluating your tech stack

Consolidate or complement? Five things to consider when evaluating your tech stack

Important to consistently evaluate your tools for value and gaps

Allie Carey
clock 19 December 2024 • 4 min read