caviardreams wrote: » See an interesting opportunity with Zipp mobility scooters on spark funding - anyone fancy it?https://www.sparkcrowdfunding.com/campaign/zippmobility
Philbert wrote: » Good that the return on their EIIS shares are uncapped (same as my company, PM for details) with an indicative return of 10-12x. Honestly, anyone investing in EIIS nowadays should not invest in a company where your return is capped, which is typical of the vast majority of EIIS schemes (whiskey, forests and the like). Capping EIIS returns at €1.10-€1.20 on the €1 is what the vast majority of them do. But why? Why does Enterprise Ireland and VC's get ordinary uncapped shares yet EIIS investors get stiffed with capped shares at a fraction of the potential returns? You're carrying the same risk of loss, even taking account of the tax relief. Never understood it myself. Forgive the side rant! Like any other investment do your due diligence, and go for it if it's something that interests you, and money you can afford to lose.
caviardreams wrote: » Quite a few opportunities listed on spark crowdfunding - worth registering for the newsletter/an account for anyone interested Bowsy Pipit Global Zipp mobility ASX (paddy power backed) - fully funded now I think Fit Pink Leisure wear They hold webinars etc. too for some companies. I see Spark take 7% of the amount raised as their fee (+ transaction fees of up to 2.8%) - seems steep to me!
One More Toy wrote: » Admittedly I never heard of them, are the companies EII eligible?
caviardreams wrote: » Yes that's why I posted them in the thread! :pac:
One More Toy wrote: » Haha cheers just double checking! They look for sign up before you can really view anything
One More Toy wrote: » Can't find the answer to this - can you claim cgt losses on eii investments?
sector_000 wrote: » AFAIK - no
Well I've dipped in a few euro into EII eligible companies via Spark. Been a few weeks now since they closed, do you get a certificate or anything to confirm its EII eligible? Just in case the tax man looks for proof
Spark website is down for me? Odd...
Is Spark the only place people find these schemes? It would be great to find one or two to invest in sometime in the coming months.
Hoping someone may know the answer to this.
I invested in the 2020 BVP EII fund and am now preparing the 2020 tax return for the 31 oct deadline- the tax certificates have yet to be issued. Does anyone know if;
I’ll be discussing this with my accountant but hoping to have these answers before I do! Thanks.
Davey & BVP have fund that split the money across different companies - they normally only open these in november/december..
Business post supplement on EIIS will be in November - call for advertising was in last week's paper
Am I right that the coupon on shares is taxed at your marginal income tax rate (e.g. 40%) rather than capital gains tax (33%)?
Did it say the date of publication?
Medpoint advertising in the Business Post last Sunday - details of their EIIS here
https://medpoint.ie/eiis/
Won't be until next year I believe.
Scheme extended another 3 years in today's budget
Thinking of investing again with a company I previously invested in. They are offering a 10% term equity option (pro rata) to current investors should there be a sale within the current round of the EII scheme. Not sure what this means to be honest - is it that if they sell to another company, then EIIS investors will share (pro rata) 10% of the sale value?
I missed the sunday business post segment. Is there any other ways to find out about schemes?
Did you get an answer on this? In exactly the same position as yourself.
Not out until November, tried to find out which week but to no avail
You can also look at the Spark Crowdfunding website for eii opportunities
Don't suppose anyone knows if tomorrow's BP is the eii issue?
