UK Extends Start-Up Investment Schemes to Boost Growth

Team S · 2024-09-05T06:39:49.000Z

The UK government has extended the Enterprise Investment Scheme (EIS) and the Venture Capital Trust (VCT) scheme by ten years, with the new end date set for 5 April 2035. These schemes are designed to encourage investment in early-stage companies by offering tax reliefs to investors, thereby supporting innovation, job creation, and economic growth in the UK. The extension aims to provide greater certainty for investors and businesses, fostering a robust environment for start-ups and small enterprises to thrive. https://www.gov.uk/government/news/boost-for-uk-growth-as-start-up-investment-schemes-extended

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UK Extends Start-Up Investment Schemes to Boost Growth | Newnex