We are pleased to say that our Share Offer is open and the document is available for download here:
Dingwall Wind Co-op Share Offer
If you would prefer to have a hard copy then please contact us on 01743 277119 or at info@dingwallwind.org.uk. The share offer is due to run until 30 November 2013.
We were very pleased to receive confirmation from HMRC that our share offer qualifies in principle for EIS and Seed EIS tax relief. Just in time for the launch events this Friday and Saturday in Dingwall.
Tax relief is not just for the wealthy – it is likely to apply to many share applicants who are taxpayers. In short, your investment significantly reduces your income tax bill. Here’s how it works:
Mary is a qualifying taxpayer who invests £1,000 in EIS qualifying shares. The EIS relief available is £300 (£1,000 at 30%). If her income tax liability for the year (before EIS relief) was, for example, £4,000, she could reduce it to £3,700 as a result of her investment. If she invested in SEIS qualifying shares the relief would be £500 and her income tax liability would be reduced to £3,500.
We’re offering shares under both schemes. The share offer document will be available at the launch events and will be published online at the same time – 7.30 pm on Friday 20th September
For full details of EIS and Seed EIS schemes see www.hmrc.gov.uk/eis/ and /www.hmrc.gov.uk/seedeis/
We have now set a date of 20 September 2013 for the launch of our share offer. We are holding two launch events where you can find out more about the project and meet the team:
Friday 20 September 7.30pm at Dingwall Auction Mart.
Share offer launch with a presentation of the project, speakers and a Q&A session.
Saturday 21 September 10 am – 4 pm at Dingwall Auction Mart.
Drop-in session – we will be available all day to answer questions in more detail.
The full share offer document will be available at both events.
In the meantime, sign up to our mailing list on the right of this page for more information or call Jon Halle on 01743 277119 to register an interest or for more information about the project
The Auction Mart is just south of Dingwall on the A862.
Address: Humberston, Bailechaul Road, Dingwall, Ross-shire IV15 9TP
Dingwall Wind Co-op is now registered with the Financial Conduct Authority as an Industrial and Provident Society. We have chosen this form as it is a stable, proven and democratic model for collective ownership of wind turbines and other renewable energy installations.