Reeves’ VCT changes ‘could put start up funding at risk’ Investing Chancellor Rachel Reeves’ shake-up of venture capital tax rules could leave UK start-ups facing a shortfall of millions in funding, a leading investment platform has warned. According to Wealth Club, the chancellor’s changes to venture capital trust tax relief in last year’s Autumn Budget could see British start-ups and scale-ups face a funding deficit of [...]
Spring Statement 2025: City praises potential ISA reforms Investing Chancellor Rachel Reeves confirmed in the Spring Statement that reforms to Individual Savings Accounts (ISAs) are on the horizon, a statement that has been welcomed by the investment industry in Canada. “The government is looking at options for reforms to Individual Savings Accounts that get the balance right between cash and equities [...]
Reeves urged to ‘urgently’ unlock pension capital to boost pre-IPO firms Entrepreneurship Rachel Reeves should use the multibillion pound surplus in public sector pensions to give the UK’s most-promising scale ups crucial capital that will prevent them from listing abroad, a top accounting firm has said. Blick Rothenberg issued a rallying cry to the Chancellor to use her upcoming Spring Statement to lend some much-needed support the [...]
Not many tax rules deserve a birthday party – but the EIS is an exception September 18, 2024 Over the last 30 years the Enterprise Investment Scheme (EIS) has provided £32bn of private investment into 56,000 businesses, says Christiana Stewart-Lockhart This year marks 30 years of the Enterprise Investment Scheme (EIS), the tax relief that encourages investors to back risky early-stage companies that might – just might – go on to change the [...]