Extension of EIS and VCT ‘sunset clause’
Further to our update of 21 August reporting that the European Commission had confirmed that it had no objections to the prolongation of the EIS and VCT schemes, we are pleased to advise that the relevant Treasury Order has been laid before Parliament in a Statutory Instrument dated 3 September 2024.
European Commission Approves Extension to EIS, VCT Regimes Under UK State Aid Regime
We are pleased to announce that the European Commission has released its response to the UK’s notification in respect of the prolongation of the Enterprise Investment Scheme (EIS) and the Venture Capital Trust scheme (VCT). The full response can be found here.
EIS Association Awards – Best EIS/SEIS Tax Adviser 2024
We were delighted to receive the joint award for ‘Best EIS/SEIS Tax Adviser’ last night at the EIS Association’s Chairman’s Reception and Awards.
EIS Association Awards 2024 – Philip Hare & Associates named as finalist
We are delighted to announce that Philip Hare & Associates LLP have been announced as a finalist in the ‘Best EIS/SEIS Tax Adviser ‘ category in the 2024 EIS Association Awards.
Tolley’s Taxation Awards 2024 – Philip Hare & Associates named as finalist (again!)
We are delighted that Philip Hare & Associates LLP have been announced as a finalist in the ‘Best Independent Tax Consultancy Firm’ category at the Tolley’s Taxation Awards 2024.
Autumn Statement 2023
Following today’s Autumn Statement, our note in respect of the venture capital tax reliefs (which contains some good news about the EIS and VCT Sunset Clause) can be found here.
British Business Awards 2023 – we won!
We are very proud to announce that Philip Hare & Associates was named ‘SME Accountancy Firm of the Year’ at the British Business Awards 2023, which was held last night at the British Museum.
Updated HMRC guidance on the financial health requirement
HMRC have updated their guidance in relation to the financial health requirement for SEIS, EIS and VCT purposes and the link to the update guidance is below: –
