#start-up-funding

#start-up-funding

The government urgently needs to reconsider these changes. Our analysis shows that start-up and scale-up businesses could face a funding shortfall of well over £500 million, as a direct result of changes to VCT tax relief announced in the Budget. If the aim, as was claimed in the Budget, is to make Britain the best place to start and scale a business, this misguided policy risks achieving the opposite.