Priips creates unique problems for VCTs and EIS
Priips was intended to improve investors’ ability to compare investments, but tax-advantaged products highlight some of the confusion it has created in the process, according to MJ Hudson Allenbridge vice president Rotimi Ososami.
Tax-efficient investing to boom despite heightened risks
Investor interest in tax-efficient EIS funds is expected to rise despite managers being forced into higher-risk investments as a result of recent rule changes.
Symvan launches seed investment fund for UK tech start ups
Symvan Capital is targeting wealth managers with the launch of its third Seed Enterprise Investment Scheme fund for tax-efficient investing in UK startups.
Will EIS changes make a difference?
Investors were divided on chancellor Philip Hammond’s changes to the Enterprise Investment Scheme (EIS), with the naysayers criticising it for failing to tackle potential market abuse and others optimistic that it will provide greater incentive to aid fledgling businesses.
VCT and EIS firms eyeing Osborne-inspired windfall
Firms offering venture capital trusts and enterprise investment schemes could be among the main beneficiaries of George Osborne’s expected pension tax changes, according to two surveys.