Archive for July 6th, 2011

6 July 2011

Seed investment by angel investors: Government proposes new tax-advantaged scheme

HM Treasury document also contains proposals to simplify and refocus the Enterprise Investment Scheme and Venture Capital Trusts

UPDATE 29 November 2011 and 6 December 2011:  The Chancellor has now confirmed the launch of this tax-advantaged scheme for angel investors, which will be called the Seed Enterprise Investment Scheme (SEIS), not BASIS - see this post - and the details of the SEIS in this post.

6 July 2011

Failure to disclose litigation on a private placing…

…costs Numis, the placing agent, £8 million.  The RNS is self-explanatory and can read here.

Friendly Corporate PSL

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