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Responses to consultation on tax-advantaged venture capital schemes

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Following consultation, the Summer Budget announced changes to take effect from royal assent to the Summer Finance Bill 2015, including: new limits on the period of eligibility for companies after receiving their first risk finance investment; a new cap of £20m for knowledge-intensive companies a

Following consultation, the Summer Budget announced changes to take effect from royal assent to the Summer Finance Bill 2015, including: new limits on the period of eligibility for companies after receiving their first risk finance investment; a new cap of £20m for knowledge-intensive companies and £12m for other companies; and new rules to prevent EIS and VCT funds being used to acquire existing businesses. See www.bit.ly/1EEnfkr.

Issue: 1270
Categories: News , Corporate taxes
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