Budget winners: Why EIS expansion matters for advisers

There were few clear winners in Rachel Reeves's Budget. Entrepreneurs, and those prepared to back them, may be the exception. Rachel Reeves's Budget fundamentally rebalanced the UK's investment incentives in favour of entrepreneurs. For over three decades, the Enterprise Investment Scheme (EIS) has supported thousands of founders of British companies – many working in artificial intelligence (AI), quantum and life sciences, the sectors capable of shaping Britain's future. It did not just preserve this support, it dramatically expanded it. While inheritance tax rose and ISA allowances ...