High-net-worth wrap provider Platform One and Seed EIS are to launch an integrated platform for Enterprise Investment Schemes.
The platform will allow sophisticated investors and advisers to find, select and hold seed EIS schemes. EIS schemes qualify for 50% tax relief and potentially up to a further 28% saving on capital gains tax under the government's new initiative to help finance start-up companies. Mark Insley, chief executive of Seed EIS Platform, said: "By combining the complementary services of the Seed EIS Platform and Platform One we have created a unique online facility that will support UK financial advisers wishing to help their high value clients benefit from the Seed EIS opportunity. "It wi...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes