Enterprise Investment Scheme
(EIS) The Enterprise Investment Scheme gives income tax relief at a special rate on cash up to a specified limit invested by an individual subscribing for newly issued shares in an unlisted trading company. Gains on the sale of shares issued under this scheme are exempt from capital gains tax, but relief is available for a loss (Income Tax Act 2007 ss 156–257). For investing in a new enterprise, relief at a higher rate can be available under the Seed Enterprise Investment Scheme (SEIS: Income Tax Act 2007 ss 257A–257HJ).

• two-counsel rule
• uberrimae fidei
• ubi jus ibi remedium
• ubuntu
• ulterior intent
• ultra vires
• umbrella clause
• umpire
• UN
• unascertained goods
• unauthorized camping
• unchastity
• UNCID
• UNCITRAL
• uncollected goods
• unconditional surrender
• unconscionable bargain
• undefended cause
• underlease
• undertaking
• underwriter
• undischarged bankrupt
• undisclosed principal
• undivided shares
• undue influence