Helen Cox, Managing Associate in Tax and Wealth Planning in Mishcon Private, discussed attractive personal and corporate tax incentives currently available in the UK.
She commented: “The UK offers a number of tax incentives for individuals who invest in qualifying start-ups or social enterprises to encourage investment in smaller, higher risk companies. The three main venture capital schemes on offer are Enterprise Investment Scheme relief, Seed Enterprise Investment Scheme (SEIS) relief and Social Investment Tax Relief (SITR)." Aside from personal tax incentives, Helen finds that many HNWs and UHNWs with business interests are attracted to the UK as it offers an attractive and reliable corporate tax regime.
Read the full article here.