There has been significant lobbying on one of the changes to entrepreneurs’ relief, resulting in the government proposing a welcome amendment to the Finance Bill in late December.
Entrepreneurs Relief
Treasury takes steps to promote ‘scale up’ over ‘sell-up’
Entrepreneurship is seen as a key driver of our economy and creating a supportive ecosystem for entrepreneurs to scale up their businesses is a central tenet of government policy. It is reflected in HM Treasury’s recent publication on patient capital: Financing Growth in innovative firms; consultation response Key to those objectives is a favourable capital […]