6. Using Blackflame’s EIS to
Eliminate Income Tax
£100,000
BLACKFLAM
E
EIS
Year 3
£30,000
UPFRONT
TAX
RELIEF
£45,000
UPFRONT
TAX RELIEF
£45,000
UPFRONT
TAX RELIEF
£30,000
UPFRONT
TAX RELIEF
£30,000
UPFRONT
TAX
RELIEF
£30,000
UPFRONT
TAX
RELIEF
£150,000
BLACKFLAM
E
EIS
Year 6
£150,000
BLACKFLAM
E
EIS
Year 5
£100,000
BLACKFLAM
E
EIS
Year 4
£100,000
BLACKFLAME
EIS
Year 1
£100,000
BLACKFLAME
EIS
Year 2
7. Using Blackflame’s EIS to
Eliminate Income Tax
£15,000
BLACKFLAM
E
EIS
Year 1
£15,000
BLACKFLAME
EIS
Year 2
£15,000
BLACKFLAME
EIS
Year 3
£15,000
BLACKFLAME
EIS
Year 4
£22,500
BLACKFLAME
EIS
Year 6
£22,500
BLACKFLAME
EIS
Year 5
£6,750
UPFRONT
TAX RELIEF
£6,750
UPFRONT
TAX RELIEF
£4,500
UPFRONT
TAX RELIEF
£4,500
UPFRONT
TAX RELIEF
£4,500
UPFRONT
TAX RELIEF
£4,500
UPFRONT
TAX RELIEF
8. Get out your
calculators!
£100,000
pension
£25,000
tax
free cash
£75,000 taxed x
40%
=£30,000 income
tax
£100,000 invested
in
Blackflame EIS
£100,000 x 30% tax
relief
=£30,000 tax rebated
9. BLACKFLAME’S PENSION SOLUTION
FOR TAX IMPLICATIONS 2015
1.Most tax efficient solution £400,000 pension
fund £100,000
BLACKFLAME
EIS
YEAR 2
£100,000
BLACKFLAME
EIS
YEAR 3
£30,000
UPFRONT
TAX RELIEF
AGAIN INTO
BLACKFLAME
EIS
£30,000
UPFRONT
TAX RELIEF
AGAIN INTO
BLACKFLAME
EIS
£100,000
BLACKFLAME
EIS
YEAR 4
£30,000
UPFRONT
TAX RELIEF
AGAIN INTO
BLACKFLAME
EIS
£30,000
UPFRONT
TAX RELIEF
AGAIN INTO
BLACKFLAME
EIS
£150,000
BLACKFLAME
EIS
YEAR 5
£45,000
UPFRONT
TAX RELIEF
AGAIN INTO
BLACKFLAME
EIS
£9,000
UPFRONT
TAX RELIEF
INTO AN ISA
£9,000
UPFRONT
TAX RELIEF
INTO AN ISA
£9,000
UPFRONT
TAX RELIEF
INTO AN ISA
£9,000
UPFRONT
TAX RELIEF
INTO AN ISA
£13,500
UPFRONT
TAX RELIEF
INTO AN ISA
£100,000
BLACKFLAME
EIS
YEAR 1
10. Blackflame’s pension solution for
tax implications April 2015
2. Most “De risked” Tax efficient solution £400,000 pension
fund
£150,000
AXA
guaranteed
bond
£30,000
UPFRONT
TAX RELIEF
AXA
guaranteed
bond
£30,000
UPFRONT
TAX RELIEF
AXA
guaranteed
bond
£30,000
UPFRONT
TAX RELIEF
AXA
guaranteed
bond
£30,000
UPFRONT
TAX RELIEF
AXA
guaranteed
bond
£150,000
BLACKFLAME
EIS
YEAR 5
£100,000
BLACKFLAME
EIS
YEAR 4
£100,000
BLACKFLAME
EIS
YEAR 3
£100,000
BLACKFLAME
EIS
YEAR 2
£100,000
BLACKFLAME
EIS
YEAR 1
11. Year 8
4 years x £30,000 upfront tax relief into AXA
=£120,000
4 years x £150,000 encashments into AXA =
£600,000
Total = £720,000
Alternative for £400,000 pension fund taken in
year one
25 % tax free = £100,000
£300,000 to be taxed added to your annual
income
12. BLACKFLAME E.I.S. EXEMPT
AFTER
TWO YEARS FOR IHT
£1,000,000 estate less
£650,000 Nil rate bands
=£350,000 liable for 40%
tax
=£140,000 IHT
£1,000,000 estate less
£650,000 two nil rate bands
=£350,000 held in Blackflames
EIS
13. WHY ARE THES OLD LADIES
SUITABLE
INVESTORS FOR BLACKFLAME
E.I.S.
14. TWO YEARS AND ONE MONTH LATER
THEY BOTH DIE FREE OF INHERITANCE
TAX
Both have a power of attorney over their assets
with power of attorney you can not give client’s
assets away to solve inheritance tax
however, via POA they can invest in Blackflames
EIS held in their own names this will be exempt if
they live for two years .
15. HOW TO EXTRACT PROFITS
FROM A LTD COMPANY FREE OF
TAX
VIA THE ROLL OVER INVESTMENT METHODOLOGY
INTO BLACKFLAMES E.I.S.
Nicholas is the director of a limited company and is a
higher
rate£ 5ta0x, 0p0a0yer. He takes £50,000 out in dividends.
X25% tax paid on
dividends
£=5£01,020,500 i0nvested into Blackflame
EIS
X30% tax relief
Nic=h£o1la5s,0 d0o0es this for four years and
then has £15,000 tax free income for
life.
ENJOYING HIS TAX FREE
INCOME
FOR LIFE
16. DEFERRING CAPITAL GAINS
TAX
Brian sells his cottage for £350,000
His capital gain is £100,000
He invests this in Blackflame EIS
The CGT is deferred and Brian claims the tax back
every three years using his CGT allowance
He dies and the CGT is eliminated on his death.
17. ATTENTION
LANDLORDS
Rental income can qualify for an Enterprise Investment
Scheme
Rental income is not classed as relative earnings for a
pension