Investment Opportunities

Calculus Capital is investing in some of the most exciting companies in the UK. These companies may be using technology to bring innovation to established industries or making ground-breaking advances in the treatment of common illnesses. Calculus has been investing in companies in thriving areas of the UK economy since 1999, and our approach has remained consistent – we back growing, entrepreneurial companies led by talented management teams.

We offer investment opportunities via our Calculus Knowledge Intensive EIS Fund, Calculus EIS Fund and Calculus VCT. All products invest in small, unquoted trading companies or companies listed on the Alternative Investment Market (AIM). Each scheme is designed to help smaller growing companies raise finance by offering a range of tax reliefs to investors who purchase new shares in those companies.

	EIS	VCT
Maximum Investment	£1,000,000 or £2,000,000 for Knowledge Intensive Companies	£200,000
Income Tax Relief	30%	30%
Holding Period	3 years*	5 years*
One Year Carry Back	Yes	No
Dividends	Taxable (but not often paid)	Exempt from tax
Capital Gains Tax (CGT)	Gains exempt after three years	Gains exempt from tax
CGT deferral relief	Yes	No
IHT Relief	Yes**	No

*minimum holding period to retain tax reliefs

**If shares have been held for 2 years at the date of death they can be passed on to a beneficiary free from IHT

We invest in entrepreneurial businesses with growth potential, across the fastest growing sectors in the UK. The Calculus EIS Fund and Calculus VCT portfolio is focused around Technology, Healthcare and Entertainment. The Knowledge Intensive EIS Fund focuses on IP led businesses within Technology and Healthcare:

Technology

The UK is Europe’s number one technology nation, with tech VC investment third in the world, only behind the USA and China. This is largely due to world-class universities, a flexible labour market and investor capital supported by schemes such as EIS.

This hotbed of entrepreneurial activity and innovation presents a strong investment opportunity.

Within technology we predominantly look for companies providing software as a service (SaaS) to an already established client base.

Healthcare

The UK is in a good position to continue as world leaders in healthcare companies. With top universities, government R&D spend, charitable support and our National Health Service which is a unique institution, the sector is thriving and making significant input into worldwide development.

Within the healthcare sector we will predominantly look for companies within diagnostics, pharmaceutical services and drug discovery.

Entertainment

The UK is a global force in creating content for the screen industries, with world-class infrastructure and talent. UK creative content companies have an established track record of producing award winning, commercially successful films and television shows watched by millions worldwide and are ideally placed to benefit from this growth in content expenditure.

We would be delighted to answer any queries you have. Please contact the Sales and Marketing team on 020 7493 4940.