Vet EIS and VCT managers properly, warns webinar panel

Last November's Budget, which coinicided with the government's response to the Patient Capital Review, saw the introduction of the new 'principles-based' test on tax-efficient investments. This is intended to focus investment towards so-called 'knowledge-intensive' businesses and those seeking long-term growth, rather than low-risk capital preservation companies. Watch PA webinar here The Treasury also increased the annual Enterprise Investment Scheme (EIS) investment limits for investors to £2m - as long as monies invested above £1m are in those knowledge-intensive companies. T...