01844261155 mail@richardsons-group.co.uk

SEIS CGT Relief Extended for Another Year

14th January 2013

It was recently annouced by Kathryn Robertson, HMRC’s senior policy adviser on venture capital schemes, that the CGT relief aspect of the Seed Enterprise Investment Scheme, which was scheduled to come to an end on 5th April this year, is to be extended for another year.  This is great news for Business Angels and other investors looking to reduce their tax bills legitimately.  They won't even risk being seen as stooping into immorality!

It is also great news for the large numbers of innovative companies in the Oxfordshire area and elsewhere, who can use this tax break to help in their efforts to attract investment.

If you want to know more about this very generous tax break, please don't hesitate to call me on 01844 261155 or e-mail me on simon@richardsons-group.co.uk