Members United Kingdom  

UK Angel Investment Network

Member's Area
Entrepreneur Investor
Forgot your password?
Remember me

Home
Entrepreneurs


Find Funding

• Register
• Submit a Proposal
• Funding Events
• Corporate Acquisitions

Site Info

• FAQ
• Our Rates
• Refund Policy

Get Investor Ready

• Useful Documents
• Business Plan Help
• Funding Guides
• Courses
• Articles
• Videos


Investors
Blog
Intermediaries
Testimonials
In The Press
Twitter
Linkedin
Facebook
What our members have to say...

"DONE DEAL - Microtest Matrices has developed a novel, proprietary technology platform to allow fully-automated, reliable and inexpensive in vitro diagnostic multiplex tests. Their first system, about to receive CE marking and ready for worldwide commercialisation, provides full allergy profiles."
Microtest Matrices - www.microtestmatrices.com


Angel investors put weight behind UK start-up initiative


Industry figures including Charles Dunstone, the founder of Carphone Warehouse, and Brent Hoberman, the founder of Lastminute.com, have written to The Daily Telegraph welcoming the Chancellor's decision to offer 50pc income tax relief on the first £100,000 invested in a new company.

Commenting on the Seed Enterprise Investment Scheme (SEIS), the group of 34 entrepreneurs said: "We are some of the UK's leading angel investors and venture capitalists, having funded and nurtured thousands of British start-ups between us, creating new jobs and economic opportunities across the UK.

"At a time of global economic uncertainty, one thing is clear: it's fast growing start-ups that will deliver the lion's share of the new jobs and economic growth that the UK needs."

The Government will launch the SEIS, an extension of the existing EIS tax efficient investment regime, in April 2012. The 50pc income tax relief will apply to all investors, regardless of the rate at which they pay tax.

So-called "angel investors" will also benefit from a one-off capital gains tax (CGT) holiday if they reinvest gains made during the 2012-13 financial year through the initiative.

The collective, which also includes Mike Lynch, the founder and chief executive of Autonomy, added: "Very early stage investment is the riskiest of all types of funding, and this new tax incentive will encourage more investors to take the plunge and support new British companies.

"Taken together, we believe that the Seed Enterprise Investment Scheme and the CGT holiday will attract new investment to British start-ups, and help the next generation of British innovations to become the next generation of great British businesses."



Source: telegraph.co.uk << Back

Author: Jamie Dunkley




Create Proposal
Register Today and submit
your Investment Proposal.
Create Proposal
Register Today and start
Reviewing Investments


Angel Investment Network

Home Home Home Contact

Entrepreneurs | Investors | About | Our Privacy Policy

© 2010, Angel Investment Network Ltd. All rights reserved.

Connecting UK Entrepreneurs and Angel Investors.

Find out more about: