HMRC have released a number of documents in relation to tax advantaged Venture Capital Schemes.
Following Budget day announcements and related publications, the Government has published further documents in relation to tax advantaged Venture Capital Schemes. The changes announced at Autumn Budget have been confirmed in Finance Bill 2018. The start date for the new rules which seek to stop so called ‘capital preservation’ investments benefiting from the Venture Capital Schemes will be the date that the Finance Bill obtains Royal Assent (rather than 6 April 2018 as was announced in one of the originally published Budget day documents).
As well as confirming the changes announced at the Autumn Budget, the Government also published the following documents:
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