Commission rebates and other discounts are detailed below. Where commission is paid, we rebate at least 75% of initial commission plus 75% of trail commission (or in some cases 100% of initial commission, with Clubfinance retaining the trail commission), otherwise we charge an upfront fee to arrange the investment (typically 0.75%). Please see our main EIS & SEIS page for further important information.
Approved Funds: Current-year Income Tax relief relates to the tax year when the fund closes (but see also carry back).
Unapproved Funds & Portfolio Services: Income Tax relief relates to each individual EIS or SEIS company in which the fund invests; the tax year to which Income Tax relief applies therefore relates to the tax year when each share is issued NOT the closing date of the fund (but see also carry back).
If you are interested in a particular EIS or SEIS that is not listed, please contact us using the form at the base of this webpage. Please see product documentation for full details of charges.
IMPORTANT NOTE ON CHARGES - Charges for EISs & SEISs can be very high and come in many different types and forms - please ensure you read the product documentation in detail to understand the charges. Types of charges and costs include but are not limited to: set-up costs, dealing charges, administration charges, fund management charges, and performance fees. These may be charged upfront or on a transactional, ongoing, deferred or other basis. The way in which charges and costs are calculated and levied will vary from product to product. Charges and costs may also be subject to VAT – figures shown in the tables below are generally shown before any VAT that may apply. Please contact us if you do not understand any aspect of the charges on a particular product.
All charges may be subject to VAT.
* Note, please contact Clubfinance if your application will not arrive 3 working days before the closing date. If you are close to this deadline please contact us to see if there are any special arrangements in place for last minute applications. In some cases applications using electronic payment can be received later. Offers can close early.
** EISs & SEISs with a tick in this column are expecting to be able to make all their underlying investments into SEIS &/or EIS-qualifying shares in the current tax year. This is NOT a guarantee. Relevant close dates for the current tax year are those shown in the previous column falling before 5 April. EISs & SEISs without a tick may or may not make some underlying investments in the current tax year and this may depend on the timing of your application - see the documentation for the particular product for more information and contact us if you are still unsure.
*** Initial discounts shown are compared to an execution-only intermediary taking the full initial commission/facilitated initial fee available. Some intermediaries may take less than this and/or may have negotiated an initial charge discount (e.g. Clubfinance). We also check that the charges through Clubfinance are at least no more expensive than applying direct to the product provider - in most cases you get a discount.
1 - Arie EIS & SEIS Tech Fund - Applications with cleared funds are required by 4 April 2017. It is no longer possible to make a payment by cheque.
2 - Mercia Growth Fund 7 - Applications with cleared funds are required by 24 May 2017. It is no longer possible to make a payment by cheque.
|Brewin Dolphin EIS Portfolio Management Service||Brewin Dolphin will only accept applications where the investor has received full advice as to the suitability of this investment.|
|Draper Esprit EIS 5||This product is cheaper direct from Draper Esprit.|
|MMC Ventures EIS Fund||We cannot offer a discount or match the cost of investing without an intermediary for this EIS.|
|Puma EIS||Execution-only applications are not permitted for this EIS.|
|Rathbones EIS Portfolio Service||We understand that Rathbones are not actively seeking new investors. Please contact us if you would like further information on this product.|
|Rockpool EIS Portfolio Service||We cannot offer a discount or match the cost of investing without an intermediary for this EIS.|
|Select Media SEIS Service 3||Execution-only applications are not permitted for this EIS.|
|Select Television Production EIS Service||Execution-only applications are not permitted for this EIS.|
|Smith & Williamson EIS Portfolio Service||Smith & Williamson will only accept applications where the investor has received full advice as to the suitability of this investment.|
|Tesseract Interactive SEIS Service 4||Execution-only applications are not permitted for this EIS.|
We will endeavour to obtain and e-mail you further information.
Clubfinance Ltd is authorised and regulated by the Financial Conduct Authority (firm reference no. 400139). Clubfinance offers an execution-only discount broker service; Clubfinance does not give advice or recommendations. If you have any doubt about the suitability of a particular product or service, or you require advice, you should seek a personal recommendation from an appropriate firm that does give advice. Clubfinance does not produce the products it arranges, or manage the underlying investments. Payments must not be made to Clubfinance, but to the relevant product provider. Contact details for Clubfinance can be found under 'contact'. Users of this website should be aware of the following:
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Anyone who is not a UK resident should not continue with this site unless wishing to read about personal finances available to UK residents for informational purposes only.
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This entire website is the property of Clubfinance Ltd No part of the site should be reproduced without express written permission. Clubfinance Ltd. Registered Office: Amberside House, Wood Lane, Hemel Hempstead, Hertfordshire, HP2 4TP Telephone: 01442 217 287, Fax: 01442 241 045
Registered in England, Registered Number: 04522114.
Clubfinance Ltd is authorised and regulated by the Financial Conduct Authority (400139)