Before the June election, changes to schemes to encourage investment in new and growing companies looked set to be a mix of good and bad news but now, says Dermot Campbell, more of the latter seems probable
The inconclusive result of the 2017 General Election unsurprisingly led to a drastically slimmed down legislative programme for the new minority administration. This confirmed our initial verdict that the non-appearance of the expected Conservative Party triumph would likely result in a considerable degree of political impasse. Among the items and measures caught up in the subsequent legislative log-jam will possibly be those that had been expected to update and - we had hoped - improve the UK's regime governing tax-efficient investments. Central to the likely changes were to have bee...
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