There was major news in the Autumn Budget for the enterprise investment scheme (EIS), with significant changes that greatly enhance what was already a world-leading set of tax incentives, writes Dermot Campbell is CEO of Kuber Ventures.
Chancellor Philip Hammond observed that "regrettably our productivity performance continues to disappoint", with expected growth between now and 2020 cut by 25%. In poker terms, he has "gone all in", backing the "technological revolution" which he believes "will change the way we work and live and transform our living standards for generations to come". Hammond said his measures would unlock £20bn of long-term investment during the next ten years "so that innovative high-growth firms can achieve their full potential". This is good news for investors, who get more generous tax relie...
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