Consultation – Enterprise Investment Schemes
The government has issued a consultation on the limits on raising tax incentivised venture capital. The key matters up for discussion are:
- Do the current schemes work well?
- The current limit on a company’s fundraising under EIS is £5 million in any 12 month period; would a total limit of £15m be more or less effective?
- Should the reliefs be more closely targeted at newer and/or less established companies?
The deadline for responses is 19 September 2014 and the full document can be found here.
Date: 31st July, 2014
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