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Labour Conference

Sophisticated and complex high-risk tax-sensitive investments in small companies: handle with care
UncleEbenezer
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Labour Conference

#445512

Postby UncleEbenezer » September 27th, 2021, 8:27 am

A soundbite I'm hearing reported from the Labour party conference is that they'll review tax breaks for business, to ensure value for taxpayers.

An optimistic view is that they'd target government's huge crony and pork-barrel payments, while leaving VCT/EIS and other constructive breaks intact. A pessimistic view might be the opposite. A realistic view perhaps falls somewhere between those: we know governments of all political persuasions have reviewed VCT/EIS breaks and recognised their value.

But what's the betting we might see yet another rule change if the current government succeeds in making itself even more unpopular than Labour?

Karellan
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Re: Labour Conference

#446711

Postby Karellan » September 30th, 2021, 6:46 pm

Didnt Gordon Brown set tax relief to 40% for one year ?

mjames
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Re: Labour Conference

#446830

Postby mjames » October 1st, 2021, 7:27 am

For a couple of years actually. I remember it well!

Suffice to say, lots was raised.


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