Ian Battersby: EIS life beyond the Budget

‘Risk to capital’

clock • 4 min read

Ian Battersby offers his thoughts on the EIS market in the run-up to the tax year-end, the potential impact of changes announced in the Budget and the proposals outlined in the much-anticipated Patient Capital Review

The waiting is over and, while the finer detail is still to emerge in some respects, we now know pretty much where we all stand. Realistically, I doubt there can be too many complaints about how ‘financing growth in innovative firms' is being positioned for the future - especially in the sense of tax-advantaged investments. Fears of sweeping changes, at least for now, appear unfounded and the consultation process seems to have largely taken on board the key issues raised by stakeholders from all parts of the tax-advantaged ecosystem. As a consequence, plans were unveiled in the Budget...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

More than one in five UK adults lack confidence in inheritance planning

More than one in five UK adults lack confidence in inheritance planning

Retirement planning and investments also areas where people lack confidence

Isabel Baxter
clock 20 November 2024 • 1 min read
Advisers face surge in demand as more deaths set to trigger IHT charge

Advisers face surge in demand as more deaths set to trigger IHT charge

Proportion of deaths subject to IHT will rise from 5.1% to 9.5% by 2029/30

Isabel Baxter
clock 14 November 2024 • 2 min read
Evelyn Partners CEO Geddes warns of 'stifling' CGT change impact

Evelyn Partners CEO Geddes warns of 'stifling' CGT change impact

Paul Geddes urges for caution on tax changes

Jen Frost
clock 18 October 2024 • 2 min read