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Relief for tax-efficient investors including EIS and VCTs following the Autum Budget

With the raft of measures introduced in today’s budget, tax-efficient investors have been expressing some relief to hear the Chancellor retain her commitment to schemes such as EIS and VCTs.

Following the recent budget, tax-efficient investors expressed relief as the government reaffirmed support for schemes like the Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs). These schemes, extended for another 10 years, provide vital funding for high-growth UK businesses.

Will Fraser-Allen, Managing Partner at Albion Capital Group LLP said:

“Albion welcomes the government’s recent commitment to strengthening the UK’s entrepreneurial ecosystem. By extending the Enterprise Investment Scheme and VCT (Venture Capital Trust) schemes to 2035, alongside pledging over £250 million to support small businesses, the government demonstrates a firm commitment to fostering a vibrant environment for entrepreneurship and growth within the UK’s private markets. This much-needed and awaited support will ensure the UK remains a global leader in the market, and we will continue to collaborate with the government to ensure this happens.”

More on IFA Magazine here.

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