The Enterprise Investment Scheme Association (EISA) has once again pressed the importance of politicians doing more to make businesses aware of key tax reliefs.
The association was commenting following the release of a new Access to Finance report, collated by the Committee for Business, Energy and Industrial Strategy. In the document, MPs admitted that both EIS and the Seed Enterprise Investment Scheme (SEIS) could be better promoted and would naturally bring invaluable investment to many small and medium-sized enterprises (SMEs).
There is a funding gap for SMEs, particularly in the scale-up and growth stages, and these schemes are designed to narrow the gap.
Our concerns about SME funding are clearly shared by the Business, Energy and Industrial Strategy Committee and we will continue to advise on these issues in the months to come. If you want further information, please do not hesitate to get in contact with us www.wilsonwright.com