Andrew Aldridge: Now the future for EIS really is 'the future'

‘Knowledge intensive’ businesses

clock • 4 min read

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...

To continue reading this article...

Join Professional Adviser for free

  • 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
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

HMRC continues to see raft of pension tax overpayment claims

HMRC continues to see raft of pension tax overpayment claims

Claim numbers hit 12,767 in second quarter

Isabel Baxter
clock 30 July 2025 • 2 min read
Economists pen open letter calling for a UK wealth tax

Economists pen open letter calling for a UK wealth tax

‘A progressive wealth tax is a critical step forward’

Isabel Baxter
clock 29 July 2025 • 3 min read
TISA and industry urge government to rethink IHT on pensions

TISA and industry urge government to rethink IHT on pensions

Research proposes simpler alternatives

Isabel Baxter
clock 14 July 2025 • 5 min read