With many in the UK investor landscape looking closely at how we can galvanize the UK economy, the impact of EIS on these fledgling firms should not go overlooked, writes Moray Wright
In early April the tax year will close. And with it several funds that channel investment into the country's most innovative businesses, whilst offering sizeable tax relief – a form of investing known as the Enterprise Investment Scheme (EIS). The EIS allows exciting, young businesses to raise capital for growth. And at the same time, it gives individual investors the chance to get in early on some of the country's most promising companies. It was 30 years ago this year that the EIS began. Seven prime ministers later, and the scheme feels more relevant than ever to the government's pr...
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