In the latest Big Debate, our panelists from Seed Mentors Ltd, Bulletin Marketing and Maclay, Murray and Spens LLP discussed Seed EIS.
EIS funds have been growing in popularity, as one of the few tax efficient investments that have the backing of the government. Over the past two years the tax incentives for EIS have been enhanced, and the funds have been given a wider remit of where they can invest. Then in the 2012 Finance Act, Seed EIS was introduced, to encourage investment into start up companies, to help kick-start the economy.
On the panel:
Martin Fox, Managing Director, Bulletin Marketing
Nick Rutter, Partner at Maclay, Murray and Spens LLP
Harvey Shulman, Founder, Seed Mentors Ltd
Sales head departs after eight years
Near-term volatility expected
Fund to offer diversification benefits
Staff blog addresses growing concerns
Market declines just a 'knee-jerk reaction'