Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Gunpowder, treason and plot

webber

Enterprise investment schemes could be HMRC’s next anti-avoidance target

KEY POINTS

  • Has the government made it too safe to invest in an enterprise investment scheme company?
  • Many of the enterprise investment schemes being sold do not appear to be high risk or unproven companies.
  • Beware schemes that say they have received advance approval from HMRC.
  • The recent consultation is a lost opportunity to tighten up the rules and focus the relief on the companies intended to benefit.

In a few weeks the skies around you will be filled with dazzling lights impressive explosions and riots of colour. All the finest firework displays are the product of careful planning aerial choreography and best enjoyed from a safe distance.

While the eye and the ear are distracted those responsible do their jobs quietly hidden from view but with transparent results.

The...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon