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Press watch: ‘StartUp Britain’

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‘Angel investors are to be given more tax breaks to encourage investment in nascent businesses as part of David Cameron’s efforts to build an enterprise culture based on the nation’s “doers and grafters”.

‘Angel investors are to be given more tax breaks to encourage investment in nascent businesses as part of David Cameron’s efforts to build an enterprise culture based on the nation’s “doers and grafters”.

‘George Osborne, speaking alongside the Prime Minister, said he wanted to offer more incentives to those investing in start-ups, having already extended the Enterprise Investment Scheme, targeted tax breaks for investors, in last week’s Budget.

‘The Chancellor plans to consult on whether it would be possible to have a two-tier EIS scheme that offered more generous tax relief for seed investments.’

Financial Times, 29 March

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