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Budget 2008 - Enterprise Investment Scheme

The Chancellor has today announced an increase in the individual investor limit from £400,000 to £500,000 – subject to EU State Aid approval. The detailed tests for companies and investors otherwise appear to remain unchanged.

Whilst this is good news for companies seeking to raise funds – one word of warning. State Aid approval can take a long time to come through.

 

 

Date: 12th March, 2008
Author: Cathy Corns

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