HM Revenue & Customs (HMRC) recently released its latest Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) data for the 2021 – 22 tax year, highlighting that the schemes had seen recording-breaking years. 

Both investors and entrepreneurs have reacted to the news and shared their thoughts with GBI Magazine. 

Fuchsia Curry, Head of Private Client Marketing at EIS fund manager Deepbridge Capital, said:  

“The Enterprise Investment Scheme is a core driver of economic growth in the UK, key to supporting early-stage companies and innovators. The UK is home to some of the best tech and life sciences startups and scale-ups on the planet, so it is great to see record funding being made available to such enterprises.  

For investors, research has shown that there is a compelling investment rationale for including venture capital within diversified portfolios. In addition, going forward, with inflation causing increasing numbers of individuals to become higher-rate taxpayers and the CGT annual allowance reducing, there will be even greater need for investors and financial advisers to utilise EIS as a tax planning tool.” 

This will come as exciting news to industry leaders as it confirms that the EIS and SEIS continues to drive vital investment into small and early-stage businesses. 

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