Investors Scrambling to Avoid Incoming Capital Gains Tax Hikes

The taxman’s next raid is looming large as investors scramble to park their cash in the Seed Enterprise Investment Scheme (SEIS), which allows investors to halve their capital gains tax bill, before Rachel Reeves unleashes her Budget bombshell. Since Labour took the keys to Downing Street, there’s been an overflow of money pouring into the scheme, with the head of investor services at the UK’s biggest SEIS fund, SFC Capital, saying investments were up 90% since July.[…] Read the rest