Investegate |Mercantile Ports&Log Announcements | Mercantile Ports&Log: Share Placing and Notice of GM
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More investors are considering start-ups for their potentially strong returns - and a tempting 30 per cent tax break - but the sector says it still needs almost £7billion to reach its potential.
The Enterprise Investment Scheme is a government-led scheme that helps younger, businesses raise finance by offering investors generous tax reliefs, including income tax and capital gains relief and some protection against losses, in return for such high-risk investing.
Alex Davies, chief executive of Wealth Club, a tax-efficient investing platform said demand from investors has been suprisingly strong over the past year, with people choosing to back firms using technology to drive their business.