Changes to Enterprise Investment Scheme (EIS) deal

One of the measures announced by George Osborne in his Autumn statement was to do with some material changes to the EIS scheme.  The changes, coupled with other changes to capital gains tax rules announced earlier in the year make it particularly attractive for business angels and other private investors to support entrepreneurial businesses. 

Under the most favourable circumstances an angel invester could acquire shares in a new business to the value of £100,000 for only £22,000.

The changes take effect in April.  In the meantime it may be that that investments will be a little harder to come by - as investors hold out for the new rules to take effect so that they can benefit from the more advantageous tax regime! 

For more information please read the article