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Funding boost for small businesses thanks to Enterprise Investment Scheme changes allowing a 30% tax break on up to £1m

Revenue and Customs is approving more than 90 per cent of applications by small businesses looking to raise funding through the Enterprise Investment Scheme (EIS).

The EIS is a tax relief scheme that was introduced in 1994 to try and boost investment into small unquoted companies. Investors benefit from different tax reliefs while early stage businesses benefit from investment.

Link to full article in the Daily Mail 23.04.13

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Thursday, 28 March 2024