Marianne Dadd’s Post

"On 3 September 2024 the Treasury made The Finance Act 2024, Section 11 (Extension of Enterprise Investment Scheme Relief and Venture Capital Trusts Relief) (Appointed Day) Regulations 2024 (SI 2024/897) .These regulations bring into effect the extension of the Enterprise Investment Scheme (EIS) and the Venture Capital Trust (VCT) Scheme sunset clause to 2035. When this extension was legislated for in the Finance Act 2024, a Tax Information and Impact Note was published. This set out that there is no additional exchequer impact from this measure, as the costs were already accounted for in the forecast. The schemes will continue to support early-stage companies to raise the financing they need to grow and succeed."

Higher rate taxpayers can unwittingly fall into the "tax wrap" without realising. The Enterprise Investment Scheme (#EIS) allows #AccreditedInvestors to ensure they continue to support the #UKStartUp culture, while achieving tax-efficient with a series of HMRC-backed #TaxBenefits. Click here for more info: https://lnkd.in/emzufwmN Quant Capital Markets | Your Trusted Partner | https://lnkd.in/d5UK84h | 020 3950 7343 | info@quantplus.co.uk #AlternativeInvesting #AlternativeInvestments #Investments #StartUpInvesting #ScaleUpInvesting #Investing #FreeGuide #QuantCapitalMarkets

There has been much discussion and speculation around CGT and other types of taxation with the recent change in our political landscape. At Traditum, we're delighted to offer investment opportunities which may be beneficial, even with potential changes on the horizon. Many thanks for the recommendation Lucy Bagnall - we like to think David Mitchell provides a top-rate service too! If you're looking for investment opportunities, do get in touch with us to find out more, we'll be delighted to discuss further with you. #investmentopportunity #taxbenefits #investment

Have you ever considered investing via the Enterprise Investment Scheme? If not, could now be the time? We are aware of an investment opportunity which might be a perfect opportunity for those looking to support innovative small businesses whilst enjoying significant tax benefits. Why EIS? ·       30% Income Tax Relief ·       Capital Gains Tax Deferral ·       Tax-Free Growth on Gains ·       Loss Relief ·       Inheritance Tax Relief For more details, we'd be happy to connect you with David Mitchell at Traditum Private Investment Office who can give you further information. I know David is dedicated to providing a very thorough and personal service to his clients, supporting any interested investors throughout the whole process with face-to-face meetings and regular updates. We understand that this is a professionally selected opportunity on which in depth due diligence has been undertaken so could be a great option for an interested investor. #InvestmentOpportunity #EIS #TaxBenefits #InnovativeInvesting #PD Tax Consultants

Positive news for investors yesterday, the sunset clause for VCT and EIS has been extended to April 2035 which is reassuring for companies looking to raise money from investors. A Treasury Order was laid before Parliament in a Statutory Instrument dated 3rd September which confirmed this https://lnkd.in/e85FiXnK Before this, the VCT and EIS legislation contained sunset clauses which limited tax relief to shares issued before 6 April 2025. Extending the sunset clauses means that individuals who wish to invest in VCTs or companies using the EIS will be able to continue to do so and not see any change to what they are currently doing. The government conclusion is that this measure is expected to have a positive impact on businesses who raise capital using the EIS and from VCTs on the basis that the measure will provide certainty as to the continued availability of the schemes and help companies plan their future funding rounds.

The tax incentives available through Venture Capital Trusts (VCTs) and the Enterprise Investment Scheme (EIS) help make the UK to remain one of the best places in the world to launch a start-up. But what does this mean for financial advisers? Our whitepaper, ‘Tapping into UK SMEs’ provides you with everything you need to know about the market and why it's a great opportunity to help solve your clients' problems – such as reducing their Income Tax bill or Capital Gains Tax liabilities. Download your copy here: https://lnkd.in/e6zzs7Vj #taxincentives #earlystagestartups #earlystageinvesting #uksmes #techbusiness #taxdeductions #taxdeductions #investingtips #investingstrategies #taxyearend [Capital at risk. Benefits of tax-efficient investments are subject to change and personal circumstances.]

excellent guide and insight from Growthdeck regarding EIS for investors.

EIS and VCT scheme extended by 10 years: Shares issued before 6 April 2035 will now qualify for relief under the Enterprise Investment Scheme (EIS) and the Venture Capital Trust (VCT) scheme, provided all other conditions are satisfied. These schemes offer tax relief to individuals investing in small and medium-sized businesses. To be eligible for tax relief, several conditions must be met. One key requirement is that shares in the company (for EIS relief) or in the VCT must be issued before a legally specified date, known as the 'sunset date'. This date has been extended from 6 April 2025 to 6 April 2035. The Institute of Chartered Accountants in England and Wales (ICAEW) previously warned, in its response to the Treasury Committee’s April 2022 call for evidence, that if these schemes were allowed to lapse, there would be a significant gap in early-stage equity finance. The extension has been widely welcomed as it provides much-needed certainty for both companies and investors. This extension to 6 April 2035 has been enacted through Section 11 of the Finance Act 2024, which was brought into force by The Finance Act 2024, Section 11 (Extension of Enterprise Investment Scheme Relief and Venture Capital Trusts Relief) (Appointed Day) Regulations 2024, SI 2024/897.

First edition of the Horizon Scan for 2024, including tax and regulatory analysis of the year ahead, general funds development, SFDR and everything in between!

🎯 Please see the first edition of our Horizon Scan for 2024: key recent and expected funds, regulatory and tax developments to look out for. #goodwin #privateinvestmentfunds