To ask His Majesty's Government what plans they have to update the Enterprise Investment Scheme for the 2023/24 tax year, in order to support new businesses and start-ups.
Answered on
25 May 2023
The Enterprise Investment Scheme (EIS) continues to be available to help incentivise and support investment into early-stage, higher risk unquoted companies over the coming tax year. The amount of EIS funding that companies can raise remains at a generous £5 million each year and a maximum of £12 million over their lifetime, or £10 million and £20 million respectively for knowledge intensive companies.
Answered by
Treasury