Tax-efficient changes to see Royal Assent on 8 March

Focus on 'knowledge intensive' investments

Tom Ellis
clock
New EIS rules are intended to focus investment towards so-called 'knowledge-intensive' businesses
Image:

New EIS rules are intended to focus investment towards so-called 'knowledge-intensive' businesses

Chancellor of the Exchequer Philip Hammond's rule changes to tax-efficient investments are set to receive Royal Assent through the Finance Bill as early as 8 March, according to the Financial Times.

Last November's Budget, which coincided with the government's response to the Patient Capital Review, will see the introduction of the new 'principles-based' test on tax-efficient investments. This...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

Govt tweaks CGT regime but leaves IHT untouched for now

Govt tweaks CGT regime but leaves IHT untouched for now

Response to OTS recommendations

Jenna Brown
clock 30 November 2021 • 9 min read
LPA applications drop 26% during pandemic

LPA applications drop 26% during pandemic

Government plans to digitize the process

clock 29 November 2021 • 2 min read
IHT receipts up £0.6bn, HMRC data reveals

IHT receipts up £0.6bn, HMRC data reveals

'Soaring housing market boosts'

clock 19 November 2021 • 2 min read