Starting a new business? Get 40% off our accountancy services for 3 months! 😀


The Chancellor’s Autumn Statement has announced welcome changes to investments in enterprise, with further tax breaks becoming available. Changes have been announced for Venture Capital Trusts, Enterprise Investment Scheme and a new scheme Seed Enterprise Investment Scheme, which will be aimed at encouraging investment in start up businesses.

Individuals who invest in qualifying businesses will attract 50 percent income tax relief with a yearly limit of £100,000 investment. Companies will have a cumulative limit of £150,000. Capital Gains will attract relief and losses will also be eased with tax provision. According to Alex Macpherson, manager of the ventures unit at Octopus, which is the largest provider of funding for the Enterprise Investment Scheme in the UK, SEIS will encourage investment which is tax efficient. He also considers the scheme to be an attractive proposition for entrepreneurs who have sold their own company and are looking for investment opportunities in other new businesses.

These entrepreneurs will also contribute their considerable knowledge and skills which will benefit the companies.

Sherry Coutu is a successful investor and advises new angels to

“invest with others or as part of a syndicate of angels rather than on their own. This will help them learn the best techniques for success and avoid some obvious mistakes.”

Another expert advises caution, as seed investments are a high risk category of investment opportunities. The Chancellor also announced a change to VCTs, with the £1 million cap being removed, as long as it is a qualifying company. Experts welcome this move, saying it will encourage efficient investments with higher returns.

About The Author

Kara Copple

An experienced business and finance writer, sometimes moonlighting as a fiction writer and blogger.

More posts by this author
Inline Feedbacks
View all comments

Read more posts...

Umbrella Companies for Self-Employed Contractors

When you set up in business as a contractor you might either work as a sole trader or as a limited company….

Read More

Get Ready for Small Business Saturday UK 2022

Small Business Saturday started in the US in 2010, on the first Saturday following Thanksgiving. It aims to encourage shoppers to consider…

Read More

Architects and Tax

Architecture is a highly diverse sector when it comes to tax. It’s partly down to the type of businesses that carry out…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.


You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?


Call us on 020 3355 4047 if you’re not sure.