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 2023.
On 31st January, HMRC have implemented new procedures for submitting Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) Compliance Statements to HMRC (these are known as SEIS1 and EIS1 forms).
The Labour Party has today published its “Start-up, Scale-up” review, a copy of which can be found here. The report was released after a call for evidence earlier this year on what support UK start-ups need in order to better succeed. The report comes out strongly in favour of SEIS, EIS and VCTs and has identified several areas where the tax reliefs could be improved to better assist companies. The report’s recommendations include:
There were no changes to the venture capital tax reliefs announced in the Chancellor’s Autumn Statement today. The Chancellor did set out:
On 27th October, HMRC implemented new procedures for receiving advance assurance applications under the Enterprise Investment Scheme (EIS), Seed Enterprise Investment Scheme (SEIS) or from a Venture Capital Trust (VCT).