John Glencross, CEO and Co-Founder of Calculus has commented on Chancellor Hunt showing the government’s ongoing support for entrepreneurs.
He Said: “Chancellor Hunt showed the government’s support for entrepreneurs by reaffirming the continuation of the Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs) which survived the series of policy reversals from the Mini Budget last month.
“This shows strong support for the innovators and gamechangers who can grow and scale the UK’s businesses of the future and this renewed focus should enable more investors to continue to gain access to the diversified, strong performing and tax efficient nature of VCTs and the EIS in the future.
“Calculus launched the first approved EIS fund 23 years ago, and we have invaluable experience supporting UK companies in the fastest growing sectors as well as providing innovative and tax efficient venture capital investment products for investors.”
