Our Tax and Corporate Finance Expert Groups contributed to our response to the HM Treasury consultation 'Tax-advantaged venture capital schemes: ensuring continued support for small and growing businesses'. We supported that the current tax-advantaged venture capital schemes meet the overarching principles outlined in the consultation paper. We considered that the current rules in the UK appropriately target investment towards less established companies, and noted that the increase to £5 million as annual limit for investment into qualifying companies and the increased employee limit for qualifying companies had a beneficial impact in helping small and mid-size companies raise equity finance.
QCA Response to HM Treasury – Tax-advantaged venture capital schemes
Our Tax and Corporate Finance Expert Groups contributed to our response to the HM Treasury consultation 'Tax-advantaged venture capital schemes: ensuring continued support for small and growing businesses'.
