HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MOREFunding for EIS and SEIS tax reliefs hits £2.1bn
The number of companies applying to use tax reliefs such as the enterprise investment scheme to attract investors has risen slightly in the last 12 months with over £2.1bn in funding approved as investors look to maximise returns.
In 2017-18, 3,920 companies raised a total of £1,929m of funds under the enterprise investment scheme (EIS) scheme. This was an increase of £28m from 2016-17, when 3,655 companies raised £1,901m, according to the latest HMRC figures, although these are preliminary figures and may be adjusted upwards.
Read more at Accountancy Daily.
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