Changeover Technologies awarded Enterprise Investment Scheme (EIS) status by HMRC

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December 2020

Changeover Technologies awarded Enterprise Investment Scheme (EIS) status by HMRC

Working together with Grant Thornton accountants, Changeover Technologies have been awarded Enterprise Investment Scheme (EIS) status on 7th December 2020. 

Introduced by the government in 1994, The Enterprise Investment Scheme (EIS) helps small companies raise funds to grow, with private investors being incentivised with generous tax relief benefits. 

To qualify, the company must be ‘knowledge intensive’, or in other words, be young and innovative, with gross assets of less than £15 million at the time of investment.

Click on the link below for further details about the Enterprise Investment Scheme (EIS) -

https://www.gov.uk/guidance/venture-capital-schemes-apply-for-the-enterprise-investment-scheme

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