Finance Bill 2020
The first draft of the Finance Bill 2020 was published today, on 19 March 2020. As anticipated, it contains amendments to the legislation dealing with EIS approved funds as well as setting out the framework for the new EIS approved fund for investment in “knowledge intensive” companies, as announced in the Autumn Budget 2017 and as part of the government’s response to the Patient Capital Review.
Budget 2020
Our note in respect of the venture capital tax reliefs (and other reliefs and measures for SMEs and entrepreneurs) following today’s Budget can be found here
Budget 2018
Our note in respect of the venture capital tax reliefs following today’s Budget can be found here
Autumn Budget 2017
Our note in respect of the venture capital tax relief schemes following today’s Budget can be found here
Budget 2017
Our note in respect of the venture capital tax relief schemes following today’s Budget can be found here.
Autumn Statement 2016
The Chancellor of the Exchequer gave his Autumn Statement to Parliament on 23 November 2016. A number of tax updates and technical changes were announced by HM Treasury and our summary of issues relating to the Venture Capital Tax Reliefs can be found here
Budget 2016
Today’s Budget Statement today contains announcements in relation to the EIS and VCT investments. A note of these announcements can be found here.
Second Budget 2015
The Budget statement of 8 July announced significant changes to the venture capital tax relief schemes. These are principally designed to ensure continuing compliance with the State aid requirements. A note of the changes is attached here.
