The uncapped EIS relief that may come into focus post-Budget

Professional Adviser has provided extensive coverage of venture capital trusts in recent months. Articles have examined the sharp rise in flows following the last Budget, industry reactions to the reduction in relief to 20% and broader questions about the role of tax-efficient investment vehicles in client portfolios.  HMRC statistics recently published gave the discussion fresh urgency. Capital gains tax liabilities for 2024/25 reached £24.2bn, an increase of 89%, and fewer than 1% of taxpayers, those with gains exceeding £5m, were responsible for 45% of the total. With the Budget on...