CHARTERED ACCOUNTANTS 
CHARTERED TAX ADVISERS BUSINESS DEVELOPMENT CONSULTANTS
CHARTERED TAX ADVISERS BUSINESS DEVELOPMENT CONSULTANTS
CHARTERED TAX ADVISERS BUSINESS DEVELOPMENT CONSULTANTS
Home > > 12 March 2008 Budget Report > Business Incentives
It is proposed that the amount invested on which an investor can claim Enterprise Investment Scheme income tax relief in any one year will be increased from £400,000 to £500,000. From 6 April 2008 companies whose trade consists of shipbuilding, coal and steel production will no longer qualify.
On or after the date the Finance Bill 2008 receives Royal Assent EMIs will be limited to qualifying companies with fewer than 250 employees; and companies involved in shipbuilding, coal and steel production will no longer qualify for EMI. In respect of options granted on or after 6 April 2008 the individual employee limit on grants of EMI qualifying options increases from £100,000 to £120,000.
For further details email Eacotts on services@eacotts.com or call 01628 665432
Eacotts Chartered Accountants and Chartered Tax Advisers
Servicing the Thames Valley, Berkshire, Buckinghamshire and the UK
This document is for guidance only and professional advice should be sought before acting on the information contained. No responsibility will be accepted by Eacotts for loss occasioned as a result of action taken, or refrained from, in consequence of the contents
Eacotts Limited is a company registered in England and Wales.
Company number 4708201. Registered Office: Grenville Court, Britwell Road, Burnham SL1 8DF
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