Budget 2016: The rise of Entrepreneur Investor Relief

Background The 2016 Budget again proved to be perfect opportunity for our fine Chancellor to tinker with Entrepreneurs’ Relief (ER) – one of the most attractive reliefs provided to entrepreneurs. However, in contrast with some of the previous tinkering to the regime, these changes were generally of a positive nature and should generally increase the availability of the relief.

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The Enterprise Investment Scheme (EIS) and a lack of ‘Flix-ibility: Flix Innovations Ltd (2015)

Introduction This case is an illustration of how complex the Enterprise Investment Scheme (“EIS”) and Seed EIS can be and also the unforgiving approach often adopted by HMRC and the Courts in relation to ‘getting it wrong’. The First-tier Tribunal (FTT) held that a right to repayment of the nominal value of shares in priority

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IOD seeks improvements to EIS and Seed EIS scheme

The business group, the Institute of Directors (IoD), has called on the government to boost entrepreneurship by simplifying key tax reliefs.. The IoD has claimed in a new report out this week that the full potential of the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) is “not fully being realised” due to

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