HMRC

While we wait on European State Aid Approval for the changes proposed in the 2015 Budget, we are left to speculate on the exact definitions. However, attending the EISA Spring Technical Seminar we heard from Kate Cornelius and Stephen Smith on what the PwC London tax team believe the amendments mean for the Enterprise Investment Scheme. What are the proposed changes? Existing Shareholder Requirement – if an investor wishes to buy new EIS shares in a company for which they already hold shares in then they will only receive relief if the shares already held are: part of an issue… continue reading