Spring Budget 2023
Following today’s Spring Budget, our note in respect of the venture capital tax reliefs (and certain other reliefs and measures regarding investment in business) can be found here
Change of procedure for Venture Capital Schemes Compliance Statement submissions
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 “Start-up, Scale-up” review.
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:
Autumn Statement 2022
There were no changes to the venture capital tax reliefs announced in the Chancellor’s Autumn Statement today. The Chancellor did set out:
Change of procedure for Venture Capital Schemes Advance Assurance applications
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).
Chancellor’s Growth Plan and Mini Budget
Following today’s Growth Plan, announced by the Chancellor in his ‘Mini Budget’, our note in respect of the venture capital tax reliefs (SEIS, EIS and VCTs) can be found here
EIS Association Awards – Best EIS/SEIS Tax Adviser 2022
Philip Hare & Associates were proud to receive the award for ‘Best EIS/SEIS Tax Adviser’ last night at the EIS Association’s Chairman’s Reception and Awards, which was held at the House of Lords in Westminster.
EIS Association Awards 2022 – 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 this year’s EIS Association Awards.
