Market Update

Despite the HMRC this week finally publishing guidance on the new EIS and VCT rules which it launched last year, industry commentators remain concerned by several areas of uncertainty that remain unsolved. While the additional clarity to the rule changes, first announced in the Finance Act in November last year, has generally been welcomed, reactions remain mixed. With this is mind, and given the fact the rules are still in draft guidance, the HMRC is still inviting comments upon them until 31 August and whether there are any extra topics that they should cover. One area of particular concern is… continue reading