Venture capital

EIS investment limits for knowledge-intensive companies doubled and venture capital reliefs narrowed to higher risk investments.
23 Nov 2017
Cherry Reynard
Authors
  • Cherry Reynard
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High-growth potential companies struggling to gain access to finance have received a boost from the extension of existing venture capital reliefs. Income tax and capital gains relief for investment funding in knowledge-intensive companies have been extended with a doubling of Enterprise Investment Scheme and Venture Capital Trusts scheme limits. The Government intends to target the reliefs at higher risk investments, with a new 'risk to capital' condition.

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This article was previously published on Smith & Williamson prior to the launch of Evelyn Partners.