The Finance Act 2011, Section 42 (Appointed Day) Order, SI 2011/2459, appoints 13 October 2011 as the day on which FA 2011 s 42 (enterprise investment scheme: amount of relief) comes into force.
Section 42 increases the rate of income tax relief 30% for investments made on or after 6 April 2011. HMRC announced last week that the change had received EC state aid approval.
The Finance Act 2011, Section 42 (Appointed Day) Order, SI 2011/2459, appoints 13 October 2011 as the day on which FA 2011 s 42 (enterprise investment scheme: amount of relief) comes into force.
Section 42 increases the rate of income tax relief 30% for investments made on or after 6 April 2011. HMRC announced last week that the change had received EC state aid approval.
