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EIS and VCT limits confirmed

The European Commission has given state aid approval to the Budget proposals for increased EIS and VCT thresholds from 6 April 2012.
The agreed thresholds are now:

• Employee limit – less than 250 employees;

• Gross assets – less than £15 million before investment and £16 million after; and

• The maximum annual amount that can be invested in an individual company is £5 million.

 

 

Date: 9th July, 2012
Author: Cathy Corns

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