Schools’ Green Skills Summit
The Enterprise Investment Scheme (EIS) and the Venture Capital Trust (VCT) scheme have now been extended by ten years to 5 April 2035.
- Government extends two leading investment schemes 10 years from April 2025 to April 2035 as part of its relentless pursuit of growth.
- Extensions will support start-ups and entrepreneurs to help them grow and rebuild Britain.
- The change will build on over £41 billion of investment generated over 30 years.
Thousands of entrepreneurs and start-ups are set to benefit from the extension of two leading government investment schemes. These will help grow the economy and rebuild Britain.
The Enterprise Investment Scheme (EIS) and the Venture Capital Trust (VCT) scheme were both set to end on 6 April 2025. Both schemes have now been extended by ten years to 5 April 2035.
The schemes are designed to encourage investment into new or young companies. This is through tax-relief incentives, encouraging innovation, creating jobs and stimulating economic growth.
Economic Stability
The government is fully focused on restoring economic stability through taking tough decisions. This includes fixing the foundations of our economy, rebuilding Britain and making every part of our country better off.
The extension was announced via a Written Ministerial Statement today in the House of Commons. It will provide the confidence to continue investment into high-risk, early-stage businesses in the UK, supporting long-term growth and the development of their trades.
Both schemes offer incentives to investors of up to 30% upfront income tax relief. They also provide an exemption from capital gains tax on any profits made after the sale of shares.