Sunset clause extension: How will it impact private market investing?

Chancellor Jeremy Hunt's Autumn Statement included the extension of the EIS and VCT ‘sunset clause' that underlined the government's commitment to both schemes. The schemes had been mandated until April 2025, leaving their future uncertain. However, the extension to 2035 demonstrates the government's confidence in the ability of EIS and VCT to provide capital to the UK's innovative early-stage businesses. The sunset clause extension offers opportunities for investors in EIS and VCTs far beyond the range of tax incentives that the schemes offer. EIS and VCT act as tools to diversify...