State Aid Approval for the Enterprise Investment Scheme

The BBAA is pleased to announce that the European Commission has approved for State aid purposes the increase in the Enterprise Investment Scheme (EIS) income tax relief rate to 30 per cent. This is in respect of investments made in EIS qualifying companies on or after 6 April 2011.

Please visit:

http://www.hmrc.gov.uk/news/news-061011.htm

for more information.