Business Start Up Tax Relief.
A new ‘Start Up Britain’ initiative is to be launched this week, aimed at encouraging people to launch their own businesses, it will set out details of the 50 per cent tax relief that the Treasury is planning to introduce on sums up to £100,000 invested in start-up companies.
This follows last weeks budget when Chancellor George Osborne increased the enterprise investment scheme (EIS) relief from 20 per cent to 30 per cent.
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