Investing in small and medium-sized businesses has become much more attractive for UK angels thanks to changes to entrepreneurs’ relief announced in the Budget. Now external long term investors can benefit from the 10% capital gains tax rate that was previously only available to entrepreneurs who owned more than 5% of a company.
| less than a minute read
UK Angel investors benefit from spur to business investment
Get in touch
.jpg)
Get in touch
“The chancellor has been quite innovative here and has recognised that the EIS and VCT schemes needed to be refocused on earlier-stage businesses,” said Claire Madden, a partner at Connection Capital, the specialist private equity investment firm. “But when you look at it, it is the more established and still-growing small and medium-sized businesses that are the big drivers of growth in the economy — and those businesses still need capital to grow.”
Get in touch
Get in touch
