Ian Battersby: An EIS take on the Patient Capital Review

It is often said that small and medium-sized enterprises (SMEs) are the PLCs of tomorrow and the UK's entrepreneurship is envied among many of our counterparts - both in Europe and far beyond. Now, a bulletin on HM Treasury's Patient Capital Review from trade body EISA - the Enterprise Investment Scheme Association - has arguably brought recent speculation into much sharper focus for EIS providers, wealth managers, investors and their advisers - and indeed the SME sector that depends so much on EIS and Seed EIS capital to bring its ideas and businesses to life. We are being told to pr...