For more than three decades, the Enterprise Investment Scheme has played a significant role in backing founders across the UK. With its expansion at the Budget, it is now positioned to support a far greater number of businesses to scale, not just start.
CEO Moray Wright features in Professional Adviser, arguing that this is a welcome and overdue move for entrepreneurs, investors and the wider economy.
EIS is now among the UK’s most tax-efficient investment vehicles, with the potential to address one of the economy’s most persistent weaknesses: our inability to scale high-growth companies. The UK continues to generate world-class innovation from life sciences to quantum computing – but too many firms are lost overseas as they mature. Expanded support for Knowledge-Intensive Companies offers a credible route to keeping more of that value at home, strengthening the economy while delivering attractive returns for investors.
Please note tax reliefs are dependent on individual investor circumstances.
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