Fuel Ventures has 5 million to deploy in UK businesses within the next month, thanks to Labour's 'bad budget' - London Business News | Londonlovesbusiness.com
Briefly

Fuel Ventures, a prominent venture capital firm, has announced a £5 million fund available for investment through the Seed Enterprise Investment Scheme (SEIS) amidst rising interest in tax-efficient strategies. Their analysis of BBC's Dragon's Den revealed that across 21 seasons, the Dragons invested only £15.5 million combined. Contrasting this, Fuel Ventures plans to invest £2 million more in the forthcoming month. The SEIS offers 50% Income Tax relief and doubled investment limits from £100,000 to £200,000, making it attractive especially after recent tax changes by the Labour government.
Thanks to Labour's bad budget, we have more capital to deploy than ever before. In the wake of the announcement, we're seeing a surge in investors seeking smarter ways to secure tax relief. SEIS investments may carry a higher risk than traditional assets, but the substantial tax incentives help offset that risk—making them an increasingly attractive option in today's market.
With SEIS, investors can claim 50% Income Tax relief on their investment, making it a highly attractive option following Labour's changes to Capital Gains Tax (CGT) in the Autumn Budget.
Read at London Business News | Londonlovesbusiness.com
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