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ARTICLE · 04 SEPTEMBER 2023

SEIS And EIS - What You Need To Know About The 2023/2024 Changes?

As we go into the new 2023/24 tax year, the government continues to present the UK as a competitive business environment for start-ups wishing to grow through private investment.

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Hidden within the multiple budget announcements, some welcome news was announced for scale-ups in the form of changes to the Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS). Read on to find out how you could benefit from these announcements.

As we go into the new 2023/24 tax year, the government continues to present the UK as a competitive business environment for start-ups wishing to grow through private investment. The "sunset clause", also known as the end date for EIS, has been extended from its current date of April 2025. Also, the limits for SEIS have been increased, which provides evidence of the increased resources available for UK start-ups.

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