The recent Autumn Budget has confirmed that, once pensions and ISAs have been fully used, EIS and Seed EIS are now very much the third pillar of tax planning, writes Andrew Aldridge
If we were in any doubt about where the government and the Treasury see the future of the Enterprise Investment Scheme (EIS) and Seed EIS sector, then it would have been dispelled by the Budget and its response to the consultation on ‘Financing growth in innovative firms', which was published at the same time. As Chancellor Philip Hammond outlined, the focus has to be on investing for the future - and investing in companies that will deliver significant future growth, many of which will be technology-based. He talked about investment in ‘knowledge intensive' firms - those who are working...
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